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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (48530)4/28/2000 1:17:00 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 99985
 
Heinz:

Notice I said the gold carry trade SEEMS to go on forever. Obviously it will end at some point. But who knows when.

The main positve for gold and gold stocks right now is that they are so far down and dropping so rapidly that a selling climax should develop quite soon.

Note how gold gets trashed and the dollar surges as US inflationary pressures climb to the highest level in many years. Just another paradox of our new era.

Today it is the yen's turn to go the chopping block.