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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 414.48+0.7%Jan 9 4:00 PM EST

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To: gold$10k who wrote (25930)9/11/2011 11:03:14 PM
From: Hawkmoon  Read Replies (1) of 29622
 
Nice article by Clive on the USD...

Been watching UUP all summer long waiting for this event. With no QE3 out there, and short term yields expected to rise with "Operation Twist", the USD is way too oversold.

We devalued the USD, IMO, to save the Euro from utter collapse. It's pretty clear that was a stop gape measure that is doomed to fail as we see the unraveling of the EU dream.

Hawk
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