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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: John Paquet who wrote (59518)10/8/2000 12:21:50 PM
From: John Paquet  Read Replies (2) | Respond to of 116762
 
Warning! Warning!!!

This Mr. John Paquet's forecast for us dollar and Euro dollar, Swiss Franc and other currencies, gold and XAU.

You may either like it or you don't.

US dollar recent 8 day's rally was indeed ended on Friday. Price action suggested that us dollar has to go down from here 114.58 targeting that 110 or 106.

We desirably watch ECB and other CB including Japan and US CB, and Canada 2nd run concerted intervention on early Monday or Tuesday morning at New York opening.

But I really do not think that this is necessary, as Friday price action has strongly suggested that us dollar has weakened already. This suggestion indicated that us dollar will naturally go down by currency traders' own expectation.

Swiss fanc and Euro dollar will have big rally next week, so will Japan Yen. Aussie and Canadian dollar will catch up in the meantime.

Second thing that make us to watch is that imminent "BLACK OCTOBER" is till due to come.

As Dow, Nasdaq, Sp500, Sp100 all broke that important support level Friday, all foretell that imminence.

Fundamentally, that "C.C...>>>>effect" phenomenon is the catalyst for this immience "Black October" to occur.

Price actions of this equity market, as well as price action of us dollar index and other currencies strongly suggest that us dollar might get tumbling and gold big rally.

AS BLACK OCTOBER DOES OCCUR, US DOLLAR WOULD GET WHACKED LIKE HELL BIG TIME !!!!! YAHOHOHOHOHOHOHO!!! PLUS THERE IS NO SUCH NEW NEWS TO BLOSTER US DOLLAR FOR SOMETIMES IN THE FUTURE TO COME

Here is Mr. John Paquet's forecast of the WEEK:

All these observations indicate gold will start big rally, especially, that irrational sell-off of XAU.


Xau went down last 7-8 trading days, it went down rapidly and it will go up MUCH faster than it went down.

It took 7-8 days to go down , but it will take no TIME TO SHOOT IT UP, i EXPECT THAT 75 IN NO TIME..

John Paquet