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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: gold$10k who wrote (25872)9/8/2011 4:57:28 PM
From: carranza2  Read Replies (1) | Respond to of 29622
 
Is it possible that stocks and PMs fall in the coming weeks while the dollar rallies?

No doubt about it.

I expect a difficult ride on the way up. A real bull ride, like in the rodeos.



To: gold$10k who wrote (25872)9/8/2011 5:54:49 PM
From: ecrire1 Recommendation  Read Replies (1) | Respond to of 29622
 
US Dollar Index near a breakout.
next target 78.
Interestingly, this did not deter the powerful Gold rally.
I assume investors decided the Dollar rally is not based on merit, but rather the flip side of Euro weakness.



To: gold$10k who wrote (25872)9/9/2011 3:20:14 PM
From: ItsAllCyclical  Read Replies (2) | Respond to of 29622
 
Very likely they'll fall from here imho, just a question of how much. Thus far strength has been great but if that triangle breaks down it's a ways down before we find support. Kind of ironic given that it appears we're on the cusp of global QE. As usual I covered my shorts way too early. Was reluctant ahead of Obama re-election stimulus announcement.