SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (100245)7/31/2009 3:52:05 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 116555
 
mish, but hasn't the S&P been doing the inverse of the dollar? if the dollar rises, it implies the S&P falls, *unless* something has changed that effects the recent historical linkage.



To: mishedlo who wrote (100245)7/31/2009 9:18:55 AM
From: Little Joe  Respond to of 116555
 
I am 100% in agreement with you regarding ewave. There are so many gurus out there claiming they can call the market using it and that it is objective and they don't even agree with each other. I have never found it useful and largely ignore it in my trading.

lj



To: mishedlo who wrote (100245)7/31/2009 11:47:07 AM
From: Claude Cormier3 Recommendations  Respond to of 116555
 
The USD chart shows us the relative performance of the USD against other currencies.

I much prefer this chart which shows the relative performance of the USD and other currencies against gold.



Down we go for the reason you mentioned: competitive debasement.



To: mishedlo who wrote (100245)7/31/2009 2:08:47 PM
From: NOW  Read Replies (1) | Respond to of 116555
 
both scenrios still alive unless dollar takes out those 78 lows?
It i either today or Aug 10th imo



To: mishedlo who wrote (100245)7/31/2009 3:13:23 PM
From: Hawkmoon  Read Replies (1) | Respond to of 116555
 
That is quite consistent with my long-term belief the US dollar is in a wide trading range and is not about to collapse (because it already has and every county is embarking on beggar-thy-neighbor competitive currency debasement policies).

So what does this portend for gold?

Hawk