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Strategies & Market Trends : The coming US dollar crisis

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To: maceng2 who wrote (29427)7/29/2010 8:34:48 AM
From: carranza2   of 71402
 
I really do agree with Jesse.. the timing of the takedown smells to high heaven. Engineered takedowns don't last.

Plus, from a larger perspective, I think the stock markets do smell deflation, but they also have gone a step further and have anticipated QEII, and have therefore rallied. Gold should have also rallied but it was at the same time being manipulated due to options and futures expiration, so the rally may have been postponed.

But it is coming and I think we have a nice wide open door for a short term gold trade.

My story and I'm sticking to it.
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