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Gold, Silver & USD

|Includes:GDX, SPDR Gold Trust ETF (GLD), SLV, UUP

Since gold broke out of the symmetrical triangle, NFTRH has had a target range of 1050 to 1100. But it's only a 'price' thing in the global anti-dollar casino. Gold is just gold, not about price. The HUI gold miner index (very much about price) has had an upside target range of 445 to 470 (w/ potential over shoot) since it broke out of a sym-tri of its own. And then silver (all about pumping the price) has had a target of 'if Huey is going to 470, then silver is going to 19'. We have been watching these targets for many weeks now.

This is not a tout on NFTRH's predictive abilities because I do not predict. There were other possibilities noted all along the way. But the above has been prominent among them. Anyway, let's see how this evolves. The dollar has no more room to decline without major consequences, which could include gold and silver going to and through targets and broad stock markets - feasting off the crippling of the currency - taking another lurch upward in Full Tout '09.

Stocks: GLD, GDX, SLV, UUP