Sunday, July 19, 2009
DAILY CHART OF THE US 30 YEAR T BOND
This market is headed for a total collapse which will drive
interest rates to the moon and destroy any and all economies by
driving the cost of borrowed money (which isn't being lent by
the banks that were just given BILLIONS of our tax money to lend, instead
using it to trade and pad their balance sheets) to levels that
no one will be willing to accept, thus preventing capital improvements
or borrowing for business ventures.
6 HOUR CHART OF THE EURO AS OF SUNDAY EVENING 7/19/09
SEPT '09 IS NOW THE FRONT MONTH FOR CRUDE OIL
ALL CURRENCIES I QUOTE ARE SEPTEMBER '09 FRONT MONTHS
ONLY GOLD IS AUGUST '09
AND WILL CEASE TO BE THE FRONT MONTY ON THE 31ST OF JULY
ON FIRST NOTICE DAY
WE WILL MOVE TO OCTOBER '09 GOLD
IT IS NOT ADVISABLE TO BE TRADING AUGUST GOLD
BETWEEN NOW AND AUGUST 1ST WHEN THE OCTOBER CONTRACT
BECOMES THE FRONT MONTH TO PREVENT BECOMING TRAPPED
IN AN ADVERSE POSITION AND BEING FORCED TO GET OUT OF YOUR
POSITION AT A LOSS ON FIRST NOTICE DAY
ONLY GOLD IS AUGUST '09
AND WILL CEASE TO BE THE FRONT MONTY ON THE 31ST OF JULY
ON FIRST NOTICE DAY
WE WILL MOVE TO OCTOBER '09 GOLD
IT IS NOT ADVISABLE TO BE TRADING AUGUST GOLD
BETWEEN NOW AND AUGUST 1ST WHEN THE OCTOBER CONTRACT
BECOMES THE FRONT MONTH TO PREVENT BECOMING TRAPPED
IN AN ADVERSE POSITION AND BEING FORCED TO GET OUT OF YOUR
POSITION AT A LOSS ON FIRST NOTICE DAY
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