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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: heinz44 who wrote (27325)12/8/2006 12:12:16 AM
From: heinz44  Read Replies (1) of 78419
 
If people would listen to him we would all be smiling--- much more

SELL 1/3 position on STRENGTH.(if you have fingers you can't control). buy back on weakness....not the opposite...as most are doing. Buy yourself a ruler..actually it's very simple.
AND if you must trade continuously ===BUY a subsription to SCHULTZ and FOLLOW EXACTLY what he says
One thing I will tell you...the HOLDERS ( on stocks that have something or a 1/2 chance ) will be the big winners , unfortunately in most cases that is not true yet because we still have the lemming attitude...gold goes down $10....and everyone is looking for the exit at the same time!!

Author: Jim Sinclair


Gold and the US Dollar Today

Today’s markets were best described by a New York Times editorial when they said “Talking up the dollar is a tradition among government officials, who always want to prevent a negative exchange rate swing from accelerating into a dollar plunge.”

It went on further to say “That a weaker dollar is inevitable for a country as indebted as the US is. The great unknowable is the timing and steepness of the dollar decline. The current swoon is a reminder that no nation can borrow forever without facing up to the economic consequences”

With that in mind and considering the outrageous spin put on key dollar news today it is debatable that the trading public can remain as gullible as they have been up to two trading weeks ago when the hint of change appeared.

This article takes us back to the all important Treasury International Capital reports wherein we can see the willingness, positive or negative, of non US entities to keep the US debt floating high by financing all our consumer and military activities.

I will add to Dan’s observation that in order for the dollar to rally US businesses must recover. The TIC report also must remain on a positive trend. Should we ever witness three back to back negative TIC reports the dollar will fall off a cliff.



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