The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: GROUND ZERO™ who wrote (55270)	4/20/2014 9:57:05 PM
From: Real Man	Read Replies (1) of 71475

Might go down eventually, but I see a setup for a short term significant move up in gold, that setup is in gold interest rates. Will check gold interest rates again in the morning to see if the setup has changed. Basically, whatever entity is selling gold sold it so far that the market is extremely unbalanced and has to rebalance itself. Carry trade is buying gold. This is a multi-trillion dollar derivative machine, so I don't see the seller prevail, and the longer the short term seller prevails, the bigger the blast. Possibly 1-3 day $100-$200 move higher for gold, as gold must rebalance itself from this unbalanced selling.

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