Possibility of the printing press working for the next decade printing trillions of MONOPOLY dollars to keep the economy propped up and the slight possibility of a collapsing dollar. :eek:
Here is my post for Gold Chart with potential breakout and Price/Time Cycle Targets. http://www.elitetrader.com/vb/showt...22&perpage=6&highlight=suri gold&pagenumber=6 Regards, Suri
There is a seasonality to the gold bugs index $HUI http://stockcharts.com/charts/gallery.html?$HUI It usually ralleys sometime in September and usually lasts for 2 or 3 weeks or more.
first answer I've liked, thanks. Re inflation -- nothing new, no reason for it to do so now than say a month ago. Maybe flight to safety but I didn't see much rotation into anything else.