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


To: ggersh who wrote (28346)5/6/2010 6:59:54 PM
From: maceng2  Read Replies (2) | Respond to of 71456
 
Just having a look at things on the currency front. My golly, lots of devastation, including stocks.

The question that now needs asking is "What is safe?" Not an easy answer, and I don't think the boost in gold is going to be sustainable if the stock market continues with a decline. Gold will receive a double whammy down move at some point if that is the case imho.

Now perhaps the stock market can be boosted up to where it was supposed to be, but that must temp some to get out while things still look good. The spike down today is not the action of a normal market.

Just have to wait and see I guess.