The Hot Button Questions:- Money, Banks, & the Economy 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.

Pastimes : The Hot Button Questions:- Money, Banks, & the Economy

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: RockyBalboa who wrote (1255)	8/10/2009 6:48:06 PM
From: maceng2	of 1417

Started accumulating gold here after the USD has hit the LT upper limit in the JPY. If the USD breaks that, I think it would only be under the circumstances where there was a significant market correction in equities. That would be a whole new ballgame on many things. stockcharts.com Regarding your comment on the BDI and the Naz 1990-2001. bloomberg.com bigcharts.marketwatch.com I suppose a continued BDI decline could leave everything in the dumps for years. It looks only to the Chinese iron ore imports and Chinese internal stimulus that is keeping the BDI propped up anyway. The flood of QE should get the recovery back on an internet time schedule where everything has to be fixed by next month at the latest. That is my anticipation at the moment. I intend to be buying silver as well when the BDI bottoms out. It also means I have to stay long the GBP too. Unless we correct in equities, and the USD breaks out of the LT JPY trend. Here is one of my little models for the BDI. marketmodels.blogspot.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next