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Strategies & Market Trends : The coming US dollar crisis

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To: RockyBalboa who wrote (774)8/14/2007 5:41:49 AM
From: stan_hughes  Read Replies (1) of 71479
 
Here's something for you to ponder -- pull up all 7 of these -- Message 23737720

plus the base chart in USD -- stockcharts.com

With the possible exception of the Yen, IMO the voodoo seems to be suggesting POG is about to head north in all of them, which would certainly seem to be consistent with everybody and their dog flooding the market with extra doses of paper these days.

I think I can attribute the Yen's not-so-much look as a special case, because the same psychology shift that would drive a big move into gold would probably be accompanied by a massive carry unwind in the Yen that would artificially drive it north faster than gold priced in Yen can keep up.

You might also think that the Swissie would be in the same boat as the Yen on that score, but since they're big gold sellers in here, the Swissie may not see the same size carry outflow move as the Yen.

The stars for gold may be aligning here right before our eyes. Think I'm crazy?
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