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Strategies & Market Trends : The coming US dollar crisis

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To: TH who wrote (26852)2/4/2010 11:11:58 AM
From: gregor_us1 Recommendation  Read Replies (1) of 71409
 
Unfortunately this is not the kind of environment right here--say next 30-60 days--where highly volatile strength in gold is going to help gold miners much. I think we'd have to see not only gold higher, but USTreasuries breaking too to see gold miners going against a falling stock market(s). I actually think we are closer to stocks and bonds falling in price at the same time, than we are to a point where gold miners rise against falling equities. Mind you, that will happen eventually and when the pattern of rising HUI or XAU against falling stocks gets established and recognized, it will be majestic indeed.

G
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