Wednesday, November 5, 2008

8:13PM PST GOLD FALLS TO THE GREEN UPTREND LINE


Dollar has risen to .8590 currently .8582
Euro has fallen steadily since its spike up to 1.3080,
currently at 1.2850
Dow falls on the day to 9090 low
Bonds have retraced about 50% of their whole down
move from 11910 on 10/24 to 112 19 5 on 11/02 just
three days ago. A flight to safety in bonds? Part of
the reason the Dollar has risen. Buy dollars to buy bonds.
Paper for more Paper that doesn't pay any interest, and
is paid back in more worthless, depreciating paper!