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Message: Re: The Dollar

Oct 28, 2008 07:53AM

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Oct 28, 2008 03:03PM

Re: The Dollar

posted on Oct 28, 2008 03:42PM

By tomorrow 2.15PM, just after the announcement we will have a better idea at what is going to happen to US dollar/gold/tyhee...until than and whatever the dollar does overnight I will not trust the "manipulated" market.

GWTW,

You are right on..... that is the problem with these markets.. since there is manipulation, it is almost impossible to predict a trend or anything else. Just look at the gold charts each day after 0800 in NY.

Until I see oil moving up with gold and other commodities(corn, wheat, etc.) I will not be convinced this "bounce" today has any merit and will continue or that the effects of this monetary inflation is taking any roots. I have some powder dry ready for a sustained rally. I hope that this bounce today was not another head fake like we have seen in recent months. This week will tell.

SilverNut


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