I have been calling for a fall down to the 830's where the base will be built over the next few months.
There is nothing to make the dollar rally other than speculation and heresay. When it turns out that the gov cant pull in even 90% of the taxes to maintain its debt, the foreigners will catch on. The fed is not going to be able to much at all and their cuts arent going to matter...the yield curve will be VERY steep one year from now.
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Joe,
I have been calling for a fall down to the 830's where the base will be built over the next few months.
There is nothing to make the dollar rally other than speculation and heresay. When it turns out that the gov cant pull in even 90% of the taxes to maintain its debt, the foreigners will catch on. The fed is not going to be able to much at all and their cuts arent going to matter...the yield curve will be VERY steep one year from now.
Welcome to summer Gents. 5 year charts show season support for gold at $775 and silver at $14.50.
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