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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.22-0.2%Nov 21 4:00 PM EST

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To: elmatador who wrote (56729)10/21/2009 1:24:31 PM
From: Haim R. Branisteanu2 Recommendations  Read Replies (2) of 217931
 
The USD is reaching levels where it would be wise to lighten short USD position and start buying USD on the dips.

Gold may decouple from the USD - gold and the USD may rise in tandem

Most CB's are supporting the USD so as their economies should not run into a secondary dip. EU is affected most as China has a peg as are other S.E. Asia countries.

The spread of automation and technologies hunt the developed countries in their relative technological advantage v. developing countries - most widget producing equipment machinery need low skill workers to produce the widgets - craftsmanship is loosing the edge to machine

Next year seems to be a flat to up year for the USD
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