looks like the us$ should rally for about two more months, but
gold does not have to go down tick for tick with the us$ nor does
the sp500 have to be the mirror image of the us$...
Posted by mamaduck on 18th of Jun 2011 at 02:18 pm
Quite possible if European contagion gets worse... Flight to
safety, USD and Gold, and flow of funds into USD will raise
treasuries and US stock markets... or at least keep them steady and
relatively stable......
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weekly chart of us$ & COT Commercials, etc.
Posted by 8899 on 18th of Jun 2011 at 01:01 pm
wkly chart of us$ & COTC plotted against gold
wkly chart of us$ & COTC plotted against sp500
wkly chart of us$ & COTC
looks like the us$ should rally for about two more months, but gold does not have to go down tick for tick with the us$ nor does the sp500 have to be the mirror image of the us$...
Quite possible if European contagion
Posted by mamaduck on 18th of Jun 2011 at 02:18 pm
Quite possible if European contagion gets worse... Flight to safety, USD and Gold, and flow of funds into USD will raise treasuries and US stock markets... or at least keep them steady and relatively stable......