Wednesday, June 10, 2009
GOLD DROPS 75% OF THE MOVE UP FROM TODAY'S LOW, DOLLAR UP TO .8067
DOLLAR A TOUCH HIGHER, DOW OFF 90, BONDS BACK DOWN NEAR THEIR LOWS
DOW DOWN 75, EURO, YEN, OIL DOWN, DOLLAR NEAR HIGHS OF DAY

Gold sold off going into and on the close, sold off a bit more, then rallied a bit
but didn't go far before pulling back in a tight range.
Already volatile markets were moved even more radically as a result of
the ten year bond auction which apparently drove bond yields higher as the
bonds sold off.
Gold now moving lower with wild up and down trading in one minute
but didn't go far before pulling back in a tight range.
Already volatile markets were moved even more radically as a result of
the ten year bond auction which apparently drove bond yields higher as the
bonds sold off.
Gold now moving lower with wild up and down trading in one minute
intervals where gold falls, then rises all the way up, only to fall right back down in
a $2 dollar range.
The thin blue bottom line of the uptrend channel seems to be a support area for now
JUNE DOLLAR MAKES A NEW HIGH AT .8048
BONDS DROPPING PRECIPITOUSLY
Dow drops 50 points
Bonds bounce
Gold sells off but rallies back
Euro, Yen, Oil all move down a bit
Dollar gets a goose back up near its highs
Bonds bounce
Gold sells off but rallies back
Euro, Yen, Oil all move down a bit
Dollar gets a goose back up near its highs
GOLD SHOULD CONTINUE RISING THE REST OF THE DAY AND ESPECIALLY OVERNIGHT
NORMAL TO HAVE A PULL BACK HERE AFTER A $5 RUNUP, THEN HIGHER
DOLLAR GOOSED UP HARD, BONDS RISING, EURO, OIL, DOW MOVE LOWER
GOLD GETTING READY TO FALL
BONDS AND OIL TURN LOWER, DOLLAR BEING HELD UP ON FART GAS
GOLD GOES INTO A TRADING RANGE WITHIN THE RED DOWN FLAG, A BREAKOUT UP OR DOWN IS COMING
I'm thinking 'they' will knock it down to keep it from exploding higher
DOLLAR HAS BUILT A LEDGE TO FALL FROM
BONDS TURN UP
Not much else is moving.
Euro, Yen still down and quiet
Dow slipping lower
DOLLAR HAS BUILT A LEDGE TO FALL FROM
BONDS TURN UP
Not much else is moving.
Euro, Yen still down and quiet
Dow slipping lower
GOLD RISES ON LIGHT VOLUME, WILL GET KNOCKED DOWN
THE PRESSURE SEEMS TO BE ON GOLD AHEAD OF THE CRIMEX OPEN
GOLD AND DOLLAR MARKETS VERY VOLATILE
Tuesday, June 9, 2009
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