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Dollar timing and the rally in gold and silver
Posted By Philinje On 21/04/2011 @ 09:26 am In Gold, Dollar Collapse | No Comments
This article is excellent for pointing out what could happen until the May NFP report (which follows shortly after the next Fed meeting):
[1] 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.
Article printed from Fintelligence: http://blog.fintelligence.net
URL to article: http://blog.fintelligence.net/2011/04/21/dollar-timing-and-the-rally-in-gold-and-silver/
URLs in this post:
[1] http://goldscents.blogspot.com/2011/04/dollar-cycle.html: http://goldscents.blogspot.com/2011/04/dollar-cycle.html
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