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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (40159)11/9/2012 1:16:54 PM
From: steve from ihub1 Recommendation  Read Replies (2) | Respond to of 218713
 
obama wins the market tanks. obama talks now the market tanks. coincidence?



To: GROUND ZERO™ who wrote (40159)11/9/2012 1:17:35 PM
From: Fiscally Conservative  Read Replies (1) | Respond to of 218713
 
Markets are Skewed, Corrupted and Controlled by the 'Gangster Bankers', SCC, imo. eom



To: GROUND ZERO™ who wrote (40159)11/9/2012 1:31:33 PM
From: Keith Feral  Respond to of 218713
 
If the dollar begins to weaken, I think that would be a negative sign for the US economy.

Maybe it will flatten out or something, I still think the dollar should be doing better with a recovery in US housing and better growth potential for next year.

Over the past 4 years, we had a very weak cyclical recovery from the credit bubble, which forced banks to constrain lending. Now, loan losses are getting back to normal, and I would expect to see more credit growth emerging next year. Higher loan demand should keep the value of the dollar from plunging.

What that means for gold or other commodities, I have no idea. Gold held most of it's QE3 gains from the rally. However, last year it didn't bottom til end of December. The push in gold the past couple days has all been a protest of Obama victory.



To: GROUND ZERO™ who wrote (40159)11/9/2012 1:45:26 PM
From: GROUND ZERO™  Respond to of 218713
 
I think so too, the dollar does look promising...

GZ



To: GROUND ZERO™ who wrote (40159)11/9/2012 2:30:37 PM
From: Keith Feral  Read Replies (1) | Respond to of 218713
 
An indirect answer to your question about gold, looking at the charts on gold stocks like GG and NEM, I still think they have another leg down. They haven't participated at all with the snap back in gold prices.