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Here comes the attempt to push it under $1,000

statesidereport

Sep 11, 2009 11:48AM

Warp10

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Re: Here comes the attempt to push it under $1,000

in response to

Here comes the attempt to push it under $1,000

statesidereport

posted on Sep 11, 2009 12:05PM

"They" are trying real hard to get the Dollar to rally. One heck of a Dollar spike at 10:00 which failed, and gold hardly moved. Now the Dollar is pretty much unchanged against the Euro, the biggest weighting in the Dollar Index.

The COMEX closes in 1 1/2 hours. That's either just enough time for the Dollar to grind higher, or fail again. It's been a bad week for the Dollar so far. Will there be a Hail Mary attempt to save a little face, and get gold back below $1000?