nmelendez

Gold Holding Strong Against Dollar

Yes, waiting for September to roll around. Three's the charm (Third Quarter). Meantime my FAZ is doing quite well Thank you, jejeje. Play it both ways, Sam. :)


On Jul 28 09:45 AM ManAboutDallas wrote:

> Huge, scary, but brief US$ rally about to commence. Notice how they
> engineered a head-fake slightly-lower low on the Dollar Index from
> the early June low ( 78.315 vs 78.334 ). If The Collapse were upon
> us, they would have taken out that early June low and we'd be in
> free-fall right now. Notice how they're engineering a gold and silver
> mugging this morning? Usually this sort of gold/silver mugging takes
> place on a Monday morning, but they set the trap for this morning,
> instead. All the dollar bears have just been buttered up for a two-week
> toasting. Take advantage of it to get ready for The Real Collapse
> once it runs its course.

Stock Rally Built on Fundamental Sand

Now we can value assets however we want and leverage all stocks at 2,000,000,000:1. S&P at 40,000!!!! WOW. Jump in the waters fine, just a few sharks in the water :)

In This Global Depression, Gold Is a Safe Haven

China will not stop because of the US. They are buying up companies in SA, Africa and Australia. What is going to emerge is a new currency standard. Wait and watch. All China has to do is print Yuans and have argentina and brasil accept them as exchange notes. Russia and Iran are already doing this, togethor with China. Iran and Iraq were selling oil in euros. That's why Bushit invaded Iraq. Oil for blood!!!

Tuesday Outlook: Commodities, Emerging Markets

If you look at the charts you can see a consolidation. If Gold can hold at these levels with all the deleveraging taking place, where will it go once the dollar run is over? Any guesses.