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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 379.91+0.4%Nov 11 4:00 PM EST

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To: TobagoJack who wrote (35043)5/22/2008 2:33:39 AM
From: elmatador  Read Replies (2) of 217696
 
oil will go down only if the currency that it is priced in strengthens. Same as gold. what would it take take for USD to strengthens?

Between 2002 and 2006 parole (the word) was enough to prop the USD. Or some employment numbers of the BLS or some other statistics like the productivity index, inlfation...

No longer. Now only concrete actrions will prop the USD. Like interest rates at double digits for instance. Then dollar goes up com gusto.

All the Elroys of this world will repatriate the ir money from Canada, Australia and NZ.
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