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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (20987)10/29/2004 2:05:43 PM
From: loantech  Read Replies (1) | Respond to of 110194
 
Yeah but saville's calls have not been that great on gold. I was a subscriber for several years. He is a pretty decent stock picker though. ALL JMHO.
tom



To: Claude Cormier who wrote (20987)10/29/2004 7:00:21 PM
From: Crimson Ghost  Respond to of 110194
 
Makes much sense. But Saville is talking about the possibility of a final dollar washout to the low 80s before a sustained rally begins. That seems to be what gold is saying as well.

The Euro looks extremely vulnerable to a sharp correction. By contrast, the yen and the other Asian currencies have barely moved against the buck. They could hold their own or even rally a little when the Euro gets pasted.



To: Claude Cormier who wrote (20987)10/29/2004 10:40:02 PM
From: TobagoJack  Respond to of 110194
 
<< mutli-month rally to possibly as high as $98-$100 followed by a resumption of the long term bear>>

... should that be the case, may we then count our blessings, today, and then again a few months out, and all the time in between :0)



To: Claude Cormier who wrote (20987)10/30/2004 6:59:36 AM
From: Square_Dealings  Read Replies (2) | Respond to of 110194
 
There sure are a lot of analysts calling for a bounce in the dollar.

Too many imo.

There are times when the contrarian play just doesn't work and the majority is right.

M

looking at the COTs it looks like commercials have been on the wrong side of almost every trade for the past couple months

-record longs in grains and grains going down
-short bonds and bonds going up
-short stock market and market going up
-short gold with gold going up
-long the dollar and dollar going down

.