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


To: gregor_us who wrote (28433)5/8/2010 6:04:31 PM
From: loantech  Respond to of 71475
 
<Silver is warning us that the script this time is likely to be different. Silver should be getting massacred here. Instead, it's soaring after brushing off a liquidity-driven pullback earlier in the week.>

Maybe silver is rallying a day later than gold, gold did not go up that much on the London fix where silver rallied in fact gold was down about 80 cents.

kitco.com

GOLD
05/07/2010
17:15
1208.00
1209.00
-0.80
-0.07%


SILVER
05/07/2010
17:14
18.40
18.42
+0.73
+4.13%




To: gregor_us who wrote (28433)5/9/2010 9:23:39 AM
From: Robin Plunder2 Recommendations  Respond to of 71475
 
I agree gold looks very strong, and silver seems to be moving in the direction of gold, perhaps as a flight to a stable currency. Copper and oil were down sharply this week tho, along with stocks, so seems like the trend for commodities and stocks may be down at this time.

The volatility this week reminds me of april 2000, when the nasdaq was up or down by hundreds of points within a day or a couple of days..seems like this is more likely an indication of a major top rather than a base for an intermediate term rally in stocks.

John Mauldin has a nice article this week, discussing the debt issues in Europe. He comments that spain needs to roll over or add 225 billion in debt this year, given that they cannot print money or fund internally, this seems unlikely to go well, and a recession in Europe with a weaker euro will hurt US exports, ie, pull us into recession as well. Under this situation stocks and commodities probably will not do well.

rp



To: gregor_us who wrote (28433)5/9/2010 4:41:55 PM
From: Real Man  Respond to of 71475
 
Thanks, Gregor. We'll see. My experience with SHTF is that
there is always enormous fight, but it is not successful,
just creating a lot of volatility along the way. Your time
frame is longer than mine, I would not expect the bounce
to last months, maybe a few weeks if that. A few days would
be my guess.