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

To: Tommaso who wrote (16070)	1/5/2009 12:04:42 PM
From: Real Man	Read Replies (1) \| Respond to of 71456

Crude in the 60-s is possible short term, IMHO, if not the 70-s. Gold, however, is a bit toppy and will either linger here or drop. In the best case scenario it will not break the uptrend and stay above 800. In the worst case scenario, oh well... you don't wanna know. It can break the lows. Nobody cancelled the gold correction just yet (and the bear market for the shares). This is the relevant chart of where we are... Probably somewhere mid way through this thing. -g- Note that the midway gold bear lasted for quite some time, longer than the gold bear now. I believe this is "it". After gold completes the bear, it will take off again, much sharper than before.