ManAboutDallas

U.S. Treasuries in a Bubble, Not Commodities

It's the last-gasp attempt by the Fed to manage the yield curve and pretend "everything's ok". The inevitable can be forestalled only so long, however. The pin this bubble will find is when either:

1. Gold tops $1344; or
2. Oil reaches $100 again.

At that point the US$ will be carried off in a body bag and it'll be "Weimar, Part Deux" time.

Gold Pushes Higher as Dollar Comes Under Increasing Pressure

Yes, the long-awaited breakthrough has happened. But you know what ? It just doesn't "feel" right. No followthrough here. From either gold or silver. They're trading with a "heavy" feel that they shouldn't be exhibiting if this were a true breakout. I hate to say it, but I sense another spread of torpedoes in the water heading gold and silver's way, and another $50-$75 mugging by The Banksters in the offing.

Gold's Downside Moves Don't Detract from Bullish Run

Dollar rally is over, sports fans. Hope nobody bought that 79.659 top.

Gold Holding Strong Against Dollar

Ok... right on time... right on cue.... the $ rally is underway. Where's its target ? Just a peek over 80 on the Dollar Index, where it will run into .618 Fibo resistance from the July decline.

Gold Holding Strong Against Dollar

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.

Precious Metals’ Gleam Is Not Tarnished: When Will They Finally Bottom?

The best picture of what's happening right now with the Dollar Index is on the 8-hour chart. From the 89.624 top on March 3, the Dollar Index has been in a textbook-perfect 5-wave decline, with wave 4 about to wrap up, and the bottom falling out going into wave 5 down. The measure of wave 5, based on the lengh of wave 1 ( about 7 points ), will put the bottom in at about 73.5. Fifth waves can and do extend, however, so 73.5 could be just a catch-its-breath point on the way to The Abyss.

No Silver Lining for Precious Metal Bugs

You provide yet another wonderful example of someone who knows the price of everything, and the value of nothing. Keep up the good work.