Post by
mellow99 on May 04, 2011 3:39pm
The US$ were hoping for a much much BIGGER move...
Gold Down vs US$...In my view, they failed miserably....They even failed to get to close above .83 cents....This is suppose to be the KILLER of GOLD....and the Savior of the US$, this killing of OBL....lol...lol...NOTHING of the kind has occured, and from way things look now, nothing like that will ever happen....This was just a 2 days market superintervention, which shows no sign of creating a new US$ Bull Market....NONE whatsoever...the only sure thing that will happen, is that our Osama has made himself numerous not so nice "friends"....It also appears that the US$ is doomed to failure, and no evidence whatsoever in leading to a change in US$....that fate is sealed....and no Bin Laden news story is/was going to change any of that....Let,s face ultimate reality here...the US$ is a BIG BIG trouble worldwide!!!!and so far NOTHING has changed that trend.....
GO GOLD!!!!!!!
GO PDG !!!!!
It will not be long now, when the whole world will see very little and no change for the decline of the US$, and thus the RISE of Gold and of course PDG....
Mellow99