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Strategies & Market Trends : Waiting for the big Kahuna
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To: kayco who wrote (88216)6/23/2009 2:10:52 PM
From: Real Man  Read Replies (1) of 94695
 
I think QE is increasing supply of dollars, not gold, so it's
bearish for the dollar. A perfect H$S by the way, dollar in gold
(inverse gold), gonna drop within a few months. 1 month of
bad season is left for gold. It's gonna take off to 1300-1400
this Fall, so you better load up before the train leaves
the station. By the way, it may happen tomorrow, literally -
gold train leaving the station on Wednesday after Fed bumps
QE (electronic printing). -g-

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