Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (34190)	1/6/2011 2:58:32 PM
From: John	2 Recommendations Read Replies (1) \| Respond to of 71454

A default or two next step is the breakup of the Euro! They don't like each other. It's completely natural. Hatred of other people used to be what wars were about before investment bankers realized that it is immensely profitable to finance the defense infrastructures of all sides. Voilà! Perpetual hostilities! -ng-

To: ggersh who wrote (34190)	1/7/2011 5:48:40 AM
From: Real Man	Read Replies (1) \| Respond to of 71454

It seems like gold wants to break down early in the season from the low 1400-s technical level and make a trip back to 200 MA again during weak season. We'll see if the metal is serious about it. The dollar is supprisingly strong, but it is at a major resistance. Nothing changes the long term picture, and Bernank will keep churning out dollars, but pm bulls may need to be careful short term as we move into weak season, which sometimes does start early. It is not unusual for gold to make annual highs in early December, not February/March. Another note - when gold peaks in December, it can run to new all time highs in May. However, the market is extended, and 200 MA is quite ways away at 1264. Every market is extended thanks to Bernank, who makes all this "who knowz" kinda deal. -g-