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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (29792)5/11/2005 11:15:30 AM
From: Square_Dealings  Read Replies (1) | Respond to of 116555
 
who cares about the $

i sure wont let that influence my decision to hold gold as savings

anyway the $ strength is all on bs anyway. junk bonds and pension defaults do not make for a strong currency imo

m



To: mishedlo who wrote (29792)5/11/2005 3:52:45 PM
From: Crimson Ghost  Respond to of 116555
 
Gold stock action simply awful today despite flat POG and stock market bounce.

Looks like a significant new low in the HUI very soon. A meaningful trough in the HUI not in the cards until POG breaks sharply.

The only positive thing about today's action is that it implies we may see the bottom sooner than most expect.