Monday, December 15, 2008

6:14AM PST DOLLAR DROPS BACK TO .8328 BUT GETS A PPT BUMP TO .8338


Euro moves up to a new high at 1.3555 but
immediatel is drug down to 1.3522, has moved
back to the 1.3530s
Quite a battle to keep gold down and not let the
Dollar collapse here.
Dow opens in 15 minutes and is now moving up
so the PPT is probably in there buying the indexes
right now as they need a strong up move on the open
Could drag gold up with it.
Gold holding well here, but I would like to see it take off
above 830.
Dollar currently at .83345. No strong bounce there.