2 replies to this topic

[Not Too Swift]

I still think the dollar is the most important thing to watch. If it turns back down, US stock market indexes could rise quickly.

The no votes in France and Denmark gave the euro a hit last week. But the European economies are in recession and the euro should strengthen against the dollar. Those economies should be deflating faster than the US.

Even some indicators for $USD and $GOLD look like near mirrors since the beginning of 2005.

http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$gold,uu[l,a]waclyyay[df][pc27!c55][vc60][iua12,26,9!uh8,3]&r=1265.png

This would belong on Youmast's VIAGRA forum:

http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$usd,uu[l,a]waclyyay[df][pc27!c55][vc60][iua12,26,9!uh8,3]&r=3928.png

[bobalou]

how about ? if the $ brakes,it's over seas selling our stuff,look at the bonds,and it push our market up..and gold/oil did not brake like it should of ??( unrest ? ) I think we should of seen $400/375 gold to = the $'s move..I'm still looking...but gold stocks were over sold.and now into suply..looking to buy pull back

[TomD]

With doubts swirling around the Euro I think gold will gain more positive leverage to the dollar....it won't go down as much as the Euro on dollar strength...it will gain much more rapidly on dollar weakness