Tuesday, November 25, 2008

US Dollar has Broken Down from Rising Wedge. GDX, TYX, SSRI, SLW, AUY, ABX


US Dollar needs to break down below 85 for a definite move confirmation. This morning with new 800 billion bailouts plan US Dollar is slipping down and Treasuries are rising all across the maturity: FED has started Quantitative Easing? Watch the Gold, its move last week was footprints of those in the know about coming bold moves on debasing US currency. Now finally everything is coming into place: Mr Obama's lets fight Depression and Total collapse and worry about deficit later if we succeed.

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