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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 386.01+1.6%Nov 12 4:00 PM EST

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To: Hawkmoon who wrote (79623)9/16/2011 3:23:14 AM
From: 2MAR$  Read Replies (1) of 217734
 
Busy week , but Jim Rogers call to buy the dip on the Euro going into monday was the good play
Message 27631008

They really had to stem that fall and one component base driver (bouncing the Euro) for this latest rally while halting the USD trade , the Fed has been doing Qe3 already quietly with the Euro and they needed to get the Euro back to at least this $1.383 area where it settled today and get it to stick ....

Looks like they will after ECB move buys them more time...also China & Brazil again helping with bailing when the IMF meets in DC to discuss options end of month ...when next jobs report comes in and think Greece has a big payment due then too , so lots of fun still ahead

( PM's suffering in the meantime , no harm done to the uptrend in POG even 1750 or 1700 )

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