The USD, ha ha!I did surely nail the dead cat bounce. Is it over? Kinda looks that way. The technicalles should tell us soon.
My target still remains mid to upper forty cent range. A reversal at this time seems unlikely at this time.
There is of coors a glimmer of hope. China will outlaw the production of porn. Finally an industry the USA can kick arse in! See ya at $.47 or so. This should equate to $1,000 dollar gold. This brings us to the gold market. To be honest with ya'll the gold index is not that reliable due to the large amounts of fools gold ready to enter the markets. This is real gold. What makes it fools gold is that it is in the hands of fools. Like the IMF for example. We saw the BOE knock gold down to $250/oz. The IMF could flood the market until mid 2011 when they would have sold most of their gold. Fort Knox could then kick in gold and comtinue to drive the price down, that is of coors if Fort Knox has any gold that hasn't been already sold short on a derviatives contract.
When the fools gold is gone the price will skyrocket. The US and CAN dollar will be worthless the Euro will become the reserve currency. Gold in the ground looks to be the best investment right now. I think these boys some of that.