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


To: Real Man who wrote (36552)3/23/2011 9:30:01 PM
From: ggersh  Read Replies (1) | Respond to of 71406
 
They spin any and everything...we live
in spinland! -vbg-



To: Real Man who wrote (36552)3/24/2011 9:51:13 PM
From: ggersh1 Recommendation  Respond to of 71406
 
The beginning of the end? No not for gold! -vbg-

Meanwhile Afterhours...
Submitted by Tyler Durden on 03/24/2011 18:25 -0400

It appears that someone may have called the bluff on our earlier post of a possible commencement of trading in advance of QE3 (and how anyone could be surprised that QE3 is coming is beyond us - it has been our conviction that the Fed is now on a slippery slope from which there is no return since late 2010), and decided to take our every offer in ES afterhours for nearly 10 points straight. That this trade was very much out of the ordinary is confirmed by the complete absence in any of the traditional correlation pairs (see chart below) such as the AUDJPY. Is the prevalent mindset finally one that QE3 is inevitable? If so, look for gold and silver to follow suit promptly and even promptlier nullify today's latest margin hike by the CME.