Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: Jim Willie CB who wrote (984)	6/30/2002 11:03:52 PM
From: Jim Willie CB	Read Replies (1) of 89467

this chart seriously resembles a freefall, US$ over 3 yrs its downward speed is accelerating it looks downright scarey dangerous to me stockcharts.com[h,a]daclyyay[df][pb50!d20,2!f][vc60][iUb14!Uh15,5,5]&pref=G I suspect some support will be found at 105 flat it is right at 106 now on Friday all three continents performed intervention operations i.e. US, Japan, Germany it didnt work, as the move to 106.5 didnt hold quotes.ino.com but at 105 flat, I think we might see a bounce perhaps the gold market anticipates it I only see a flatzone of constant day2day steady level at 105 over this 3 year stretch not that that is so important it happened in Feb-March-April in 2000 heck, who knows? maybe 105 will be a pausing point, just like 110-112 last month then we see a resumption of the freefall some currency experts are voicing concern now about the US$ they fear a freefall they cite rapidly deteriorating fundamentals the dollar's relationship with gold now is perplexing / jim

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