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Pastimes : The Philosophical Porch -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (4952)11/20/2009 4:36:25 PM
From: Eva  Respond to of 26251
 
<Short EUR/USD>

ah good confirmation for me, long precious metals!



To: Rarebird who wrote (4952)11/21/2009 12:13:44 PM
From: westpacific  Read Replies (2) | Respond to of 26251
 
Crash coming...I agree with this guy in many charts; I mentioned the ten year a few weeks ago.

Me massive short the market and built up even bigger last week.

safehaven.com

W



To: Rarebird who wrote (4952)11/21/2009 4:55:12 PM
From: Real Man  Respond to of 26251
 
I think you are right about the dollar bounce, but the argument
that miners must lead gold at this stage of the gold bull
could hold water. It could be the other way around, and
it happened in the 70-s. BWDIK?

Message 26117868



To: Rarebird who wrote (4952)11/21/2009 5:39:45 PM
From: Claude Cormier  Read Replies (1) | Respond to of 26251
 
The dollar is likely to bounce one day as it is never a one way street. It will certainly bounce against other currencies. But not necessarily against gold, at least not significantly.

The CBO calls for 9 trillion of additional debt in the next 10 years of which more than half will be from interest charges on the debt. In that context, who would pay a premium for the US dollar. Not me. Will you?


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