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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: zamboz who wrote (7349)5/16/2008 11:22:16 AM
From: Real Man  Read Replies (1) | Respond to of 71463
 
Not really. Gold broke out of 28-year bear market this
December, and then re-tested that breakout now. Oil is
up $30, or 30%, since Bernanke Bear bailout in March.
You forget that the gold market is tiny, almost like
a mid-cap stock. Speculators can easily take all NYMEX gold
and then some, especially at this open interest. -g-



To: zamboz who wrote (7349)5/16/2008 11:23:49 AM
From: LTK007  Read Replies (1) | Respond to of 71463
 
2 years AGO, i am NOT a cyclist! The forces here are FAR FAR FAR stronger then looking backwards to 2 years ago. Read the book "The Black Swan", he chews up and spits out the myths of the "rear view mirror" TA.

Hell Price of Crude broke down into 40s last year, and the commodity BEARS had Price of Crude BURIED.
hmmm 127+ today.Max


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