All things are relevant when considering today's world. All topics will be discussed.
Friday, December 17, 2010
Whistling Dixie; Just the Trends, 'Mam
DXY's chart was very bearish today, only with the one huge hike after having been sold out in Asia and Europe. Very bearish. It had one good massive move today and that wreaked of manipulation. Contrast gold and especially silver's charts. During the start of the dollar "rally", the precious metals began to turn down, but caught wind after only a moment before turning up. Remember, gold has been trading better on a stronger dollar than a weaker dollar since April 21st.