Wednesday, June 3, 2009

GOLD, DOLLAR, EURO ALL SORT OF STATIC AND HOLDING THEIR CURRENT POSITIONS JUST WAITING FOR SOMETHING TO BREAK


EURO MOVING UP A LITTLE
DOLLAR MOVING DOWN A LITTLE
GOLD RISING A LITTLE
VERY TIGHT MARKET
SEEMS READY TO EXPLODE
IN ONE DIRECTION OR THE OTHER
Bonds slipping lower
Oil quiet near its lows
Dow off 55
and gold moves higher on light volume
but not very far before it slows down