Thursday, July 16, 2009
GOLD BEING HELD UP BY RISING DOW, OIL AND EURO FOR NOW
Dow will collapse soon to fill the opening gap from a day ago.That will shake the house of cards BIG TIME.
GOLD SHOULD STILL DROP TO THE 75% RETRACE POINT AT OR BELOW 934 BEFORE RALLYING
Dollar has moved up to .7953Dow, Oil, Euro all moving higher
Bonds stair stepping lower
TIC REPORT IS NET NEGATIVE BY 66.6 BILLION
Treasury International Capital (TIC) Data for May
WASHINGTON – The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for May 2009. The next release, which will report on data for June 2009, is scheduled for August 17, 2009.
Net foreign purchases of long-term securities were negative $19.8 billion.
Net foreign purchases of long-term U.S. securities were $7.9 billion. Of this, net purchases by private foreign investors were $31.3 billion, and net purchases by foreign official institutions were negative $23.4 billion.
U.S. residents purchased a net $27.7 billion of long-term foreign securities.
Net foreign acquisition of long-term securities, taking into account adjustments, is estimated to have been negative $37.2 billion.
Foreign holdings of dollar-denominated short-term U.S. securities, including Treasury bills, and other custody liabilities increased $9.8 billion. Foreign holdings of Treasury bills increased $53.1 billion.
Banks’ own net dollar-denominated liabilities to foreign residents decreased $39.2 billion.
Monthly net TIC flows were negative $66.6 billion. Of this, net foreign private flows were negative $82.2 billion, and net foreign official flows were $15.6 billion.
Complete data are available on the Treasury website at www.treas.gov/tic.
WASHINGTON – The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for May 2009. The next release, which will report on data for June 2009, is scheduled for August 17, 2009.
Net foreign purchases of long-term securities were negative $19.8 billion.
Net foreign purchases of long-term U.S. securities were $7.9 billion. Of this, net purchases by private foreign investors were $31.3 billion, and net purchases by foreign official institutions were negative $23.4 billion.
U.S. residents purchased a net $27.7 billion of long-term foreign securities.
Net foreign acquisition of long-term securities, taking into account adjustments, is estimated to have been negative $37.2 billion.
Foreign holdings of dollar-denominated short-term U.S. securities, including Treasury bills, and other custody liabilities increased $9.8 billion. Foreign holdings of Treasury bills increased $53.1 billion.
Banks’ own net dollar-denominated liabilities to foreign residents decreased $39.2 billion.
Monthly net TIC flows were negative $66.6 billion. Of this, net foreign private flows were negative $82.2 billion, and net foreign official flows were $15.6 billion.
Complete data are available on the Treasury website at www.treas.gov/tic.
GOLD DROPS HARD, THIS 1ST BOUNCE WILL FAIL, GOLD WILL RETEST THE LOW AND MAY GO LOWER BEFORE RALLYING
dollar drops to .7940Oil, Dow, Euro all fall
Yen rises
Bonds rising
BONDS, DOW RISING, OIL STARTING TO RISE, EURO...NOT YET
Gold will probably drop to either the 75% or 100% retrace pointbefore rallying
OIL DROPPING, EURO PULLING BACK, BUT COULD JUMP UP OUT OF THIS DOWN FLAG
DOLLAR GETS ANOTHER PPT GOOSE UP TO .7940
THE FIBS SAY GOLD SHOULD PULL BACK TO EITHER OF THEM AS THE COINCIDE WITH THE TWO TREND LINES SHOWN (white and purple)
Gold is consolidating here to dropping some more to then spike higher when
the dollar drops more from the PPT goose which is slipping lower
right now (they could goose it more)
135 SELL ORDERS AT 940, DOLLAR TANKING, GOLD COULD SPIKE ANY MINUTE
TIC REPORT OUT TODAY AROUND 9AM PDST
JOBLESS REPORT AFTER THE OPEN
JOBLESS REPORT AFTER THE OPEN
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