http://jessel.100meg...e3.com/DXLT.png The funds are as heavily short now as they were heavily long at the Oct 05 top in the dollar, and conversely, the commercials are as heavily long now as they were heavily short at the Oct 05 top.....someone is on the wrong side of the market at the worst time it seems..if commercials are right, the dollar could easily rally to 86 plus....not the best outcome for Gold if that were to occur........
Massive Dollar Rally?
Started by
tomterrific14
, Aug 04 2007 10:08 AM
2 replies to this topic
#2
arbman
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#3
johngeorge
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Posted 04 August 2007 - 11:19 AM
tt
I suspect you get this question all the time, but, just had to ask; how is Manfred?
Regards a dollar rally I dont look forward to much of a rally if at all. My view would change IF Blackhawk Ben raised interest rates. However, I believe BB will be tossing dollars from that helicopter soon if he hasnt started already. Meanwhile August is a seasonally strong period for the dollar, but, after that it is weak. Buy gold
Bye the by; in the last two years the SP 500 has advanced approx. 20% while the price of gold over the same period advanced 50%
Dollar Seasonal Chart
I suspect you get this question all the time, but, just had to ask; how is Manfred?
Regards a dollar rally I dont look forward to much of a rally if at all. My view would change IF Blackhawk Ben raised interest rates. However, I believe BB will be tossing dollars from that helicopter soon if he hasnt started already. Meanwhile August is a seasonally strong period for the dollar, but, after that it is weak. Buy gold
Bye the by; in the last two years the SP 500 has advanced approx. 20% while the price of gold over the same period advanced 50%
Dollar Seasonal Chart
Peace
johngeorge
johngeorge
