Archive for 21/04/2011

Dollar timing and the rally in gold and silver

This article is excellent for pointing out what could happen until the May NFP report (which follows shortly after the next Fed meeting):

http://goldscents.blogspot.com/2011/04/dollar-cycle.html

The point is that gold and silver may continue to rally until the May NFP. Especially silver is already in a runaway rally. It might spike explosively if short covering turns into panic. It’s obvious that any attempt at a bear raid is futile.

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