Goodbye Gold...

Discussion in 'Commodity Futures' started by PohPoh, Apr 30, 2008.

  1. Not really a bear...but mkts always fall faster than they rise...
    If we get to 813, which is my first downside target, crude should be 106, DX should be around 74.50, TYX should be around 4.8%
     
    #11     Apr 30, 2008
  2. PaulRon

    PaulRon

    So, you think the USDX will rise to 74.50? That's pretty bullish consider how bad the US dollar's been doing. What's your reasoning behind that big of a rise?
     
    #12     Apr 30, 2008
  3. No ...I'm not short...But I did bale on all my Gold longs once it was made clear that the Fed would do anything and everything at all in their power do keep from collapse. They made it very obvious for those who listen.

     
    #13     Apr 30, 2008