The coming US dollar crisis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The coming US dollar crisis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TH who wrote (9708)	7/28/2008 7:43:52 AM
From: Real Man	of 71456

PMs are on the border of strong seasonal period. I can possibly see another big dump into end of July, but that will be it, if we get that at all. The dollar keeps "churning", and as long as Euro/USD policies diverge (Trichet is more like Volcker and less influenced by politics), the USD index will keep dropping as well. So far it is very hard to see a rally fundamentally, and technically the dollar index remains weak as long as it stays below 74.4. I agree, bullion is a hold, PM stocks are a play. I'm watching for a reversal of Gold/oil ratio for PM equity investments. It is near historic all time lows, which is exactly why gold equities did not perform relative to gold. That's a "rear view image", though, as usual. So far I got stopped out a few times in my attempts to buy those.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next