Thursday, October 1, 2009
DAILY CHART OF THE DOLLAR
THIS SELL OFF IS NOTHING MORE THAN BULLION BANK SELLING TO KEEP GOLD DOWN WHILE BERNANKE SPEAKS TODAY
STOCKS DOWN 150, OIL PLUNGING, EURO DOWN
STOCKS BOTTOM OUT AT OFF 125, GOLD SHOULD BOTTOM HERE TOO
BONDS, YEN ROUND OVER, DOLLAR RISES A BIT, STOCKS OFF 125, OIL VOLATILE, EURO MOVES DOWN A BIT
GOLD FALLS, SNAPS BACK STRONGLY AS STOCKS FALL 100 POINTS, OIL DOWN AND VERY VOLATILE, EURO PULLS BACK YET GOLD KEEPS FIGHTING BACK
MARKETS ARE VERY VOLATILE BUT GOLD IS SHOWING GREAT STRENGTH
AS IT ABSORBS ALL THE NEGATIVES AND POPS BACK UP ON EVERY PULL BACK
ADD TO THIS, BERNANKE IS BEFORE CONGRESS BUT IS DOING MORE LISTENING
THAN TALKING AS THE REPS ARE ALL BABBLING THEIR USUAL NONSENSE AS
THEY TALK ALL AROUND THE MAIN POINT:
THAT WE AS A NATION ARE BANKRUPT AND THERE IS NO QUICK FIX FOR THAT
BONDS, YEN RISING...EURO, STOCKS, OIL PULL BACK YET GOLD RISES A BIT MORE
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