GREY:KXLAF - Post by User
Post by
mellow99on Mar 11, 2011 10:50am
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Post# 18270782
Gold is UP $5...US$ down to just over 77..
Gold is UP $5...US$ down to just over 77..Saudi Arabian proests do not start until the mad crowd comes out of the friday daily prayers, and I am sure there will be much more than prayers today , like hate and rage fed....they usually come out after 2 pm...that is when they are expected to start...
BIG news today from Japan...earthquakes and tsunammis in NE...This will lower World Growth somewhat, and I hear it will force Japan to sell at market, gazillions of US$ paper to pay for the costs.....not sure if it will oay for all of it...... the 1995 quake took 3 to 4% out f Japan economy....much more US$ paper fopr sale putting more pressure on US$...
In the markets PDG is stilladiing 31 to 32, with very low volumes...Feels to me that a MAJOR move up is coming and sooner thane think...US$ now @77, and it looks like soon to break that...
M99