tag:blogger.com,1999:blog-7179384084412903332.post1695026751706187786..comments2023-07-14T07:39:33.346-07:00Comments on Gold Scents: DOLLAR TEETERING ON THE ABYSSToby Connorhttp://www.blogger.com/profile/07774977275885524428noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-7179384084412903332.post-3357523130029074442011-11-19T20:57:42.942-08:002011-11-19T20:57:42.942-08:00Hey dufus liquid -
I know it was lost on you beca...Hey dufus liquid -<br /><br />I know it was lost on you because you are too busy being lost in your own importance and total cockiness, but Fischer was AGREEING that there is too much cash in the system and the dollar is being driven into oblivion. He is Bernanke's chief antagonist on the FMOC . . . oh . . .sorry . . . do you know what that is?<br /><br />Anyway . . . keep smokin' your whacky weed dude!Straight Shooterhttps://www.blogger.com/profile/02152293475261724045noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-38217058408616754492011-11-17T08:05:21.701-08:002011-11-17T08:05:21.701-08:00the dollar index has successfully closed above the...the dollar index has successfully closed above the daily 200ma. The SP500 has successfully closed below the daily 200ma. The monthly SP500 chart has retested the 10ma with MACD crossover. All macro indicators are screaming bearish equities and bullish dollar. we're simply in a period of murky transition.The Wide Anglehttps://www.blogger.com/profile/02704286558102578092noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-69833440994922961622011-11-16T00:04:59.991-08:002011-11-16T00:04:59.991-08:00Str8 Shoot.
U R definitely on the wrong side of t...Str8 Shoot.<br /><br />U R definitely on the wrong side of the ledger....perhaps too many shots ?<br />But nothing another "shot" wont fix..huh!!!!!<br />U listen to the Fed ..u gotta be zombified. Word of caution ..dont get personal...U gonna lose.<br />If you need explanation ....<br />Trend = Gold Bull + Currency debasement<br />Rumour... of more money printing = Inflation & Gold Bull..<br />Just do it....to those that havent yet.....BUY GOLD..in any form. (bull)..<br />Inflation is the future. <br />G is correct finally(albeit after several failed calls.. read last few posts).. in his current call if the dollar does not push up to the 79 level in next 2 weeks...ITS TOAST.<br />But by all means ....feel free to act on what the FED says or thinks. They havent got a clue how to kickstart the economy or stabilise the currency. Sounds like you still dont have one either.Liquid Motionhttps://www.blogger.com/profile/15146453570713941699noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-39276516219459416052011-11-15T15:18:40.392-08:002011-11-15T15:18:40.392-08:00Liquid -
What are you smokin'? Whatever it is...Liquid -<br /><br />What are you smokin'? Whatever it is . . . it must be some good stuff!Straight Shooterhttps://www.blogger.com/profile/02152293475261724045noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-63708720408895575632011-11-15T01:56:45.798-08:002011-11-15T01:56:45.798-08:00The trend is your friend....
Buy the rumour...sell...The trend is your friend....<br />Buy the rumour...sell the fact...<br />??????<br />Like Nike says...."Just do It"<br />Nervous markets makes for plenty of opportunity if you know where the bull is at and where the bear is hiding.<br />You gotta stay with the bull to reap the real rewards.<br />You're on a good thing here G..stay with it... with conviction this time. Dont back down. No teeth anywhere to be seen and no megaphone to shoot down. Its full steam ahead. All aboard !!!!!!Liquid Motionhttps://www.blogger.com/profile/15146453570713941699noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-80283274859507163942011-11-14T18:55:18.865-08:002011-11-14T18:55:18.865-08:00Give it time . . . give it time.Give it time . . . give it time.Straight Shooterhttps://www.blogger.com/profile/02152293475261724045noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-3208474688598218892011-11-14T18:20:45.177-08:002011-11-14T18:20:45.177-08:00Well a massive economic collapse would do the tric...Well a massive economic collapse would do the trick, but from what I can see here in Vegas the economy doesn't appear to be doing that bad. Restaurants are busy, stores are full and the casino's are packed.Garyhttps://www.blogger.com/profile/14556370683669428668noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-89798837093184305022011-11-14T18:17:18.183-08:002011-11-14T18:17:18.183-08:00According to Dallas Fed President and "inflat...According to Dallas Fed President and "inflation hawk" Richard Fischer, "The banking system is awash with liquidity . . .Domestic banks are flush; they have on deposit at the 12 Federal Reserve banks some $1.6 trillion in excess reserves, earning a mere 25 basis points―a quarter of 1 percent per annum―rather than earning significantly higher interest rates from making loans to operating businesses."<br /><br />With such gargantuan "leftover" reserves of cash from "QE's 1&2," what economic force could possibly exist that would cause the dollar to stand?Straight Shooterhttps://www.blogger.com/profile/02152293475261724045noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-44986550352619935912011-11-14T08:03:38.606-08:002011-11-14T08:03:38.606-08:00I very much appreciate the technical savvy on this...I very much appreciate the technical savvy on this blog, but I have to disagree about the dollar in the near term.<br /><br />The dollar chart is a measure of its RELATIVE value, meaning in relation to other currencies. Thus, even though it may be declining on an absolute basis, the chart can still go UP. This is because other currencies are plummeting at a faster rate. <br /><br />having said that, it is well to note that so much press is going to Europe right now that no one is noticing the dire situation of the US. Eventually the spotlight will be shown here, and then the dollar may get its come-uppance. and that is why i remain very long both gold and silver.facthttps://www.blogger.com/profile/06433718032259980514noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-20591433851088248712011-11-14T04:48:24.711-08:002011-11-14T04:48:24.711-08:00This comment has been removed by the author.jonakhttps://www.blogger.com/profile/00225846360557385789noreply@blogger.comtag:blogger.com,1999:blog-7179384084412903332.post-12085943533273769322011-11-13T19:25:13.758-08:002011-11-13T19:25:13.758-08:00Gary,
Thank you for your insghts. If you are co...Gary, <br /><br />Thank you for your insghts. If you are correct in your analysis, then I would also expect the Stock Market to rally hard as the dollar falls. It will be interesting to see how the European debt crisis affects the dollar, as (so far) it has been a "safe haven" from the Euro.<br /><br />Oh what a tangled web mankind has conceived.Boss Manhttps://www.blogger.com/profile/02826112279535811822noreply@blogger.com