Loading ...My WAG is that ” IF” we break above 73.19, that some of us will get a chance to buy some $GOLD at the 300dma around 790/800 if the dollar hits the 75.50 trendline. Of course that is only an opinion and does not have to play out that way, I will wait for the dollar to tell me whether that is a possibility by breaking out to the upside.
Well, I threw in the towel today. Couldn’t take it anymore. Months of pain, beaten-down shares, lowest prices I’ve seen in years on some of my stocks. Just had enough. Did I sell everything…. ? Nah…. I bought! Been sitting on some cash in my IRA accounts and watching prices fall. I think I’ve seen them fall enough. So I pulled the trigger to add to a few positions. My bigger fear in this market is missing out when big advances take place– not the fear they might go lower than I paid (though of course I hate that, too). Time will tell if I was bottom-feeding or catching falling knives… best to all.
With a po near to the upper white line, near 75.25.
What would be the most important result of a dollar rally? That is, which policy objectives of which key players would be achieved?
Would it end the rise in the price of oil, [ or stabilize it?] and would this save the airline industry? Or just buy time [stability if this current mess can be so described] before the upcoming US elections?
If the USD gets below 70, to 65 or 62, can we imagine the price of oil, and airline fuel, and gasoline? and foods like rice?
If a falling USD means that the US is exporting inflation, and that inflation has now entered the soft commodities - foods line corn and rice - what does this mean for the poor who subsist on these?
What if Noland is correct, and the worldwide credit bubbles have only months before they burst? Is this why Leap2020 has posited such a worrisome forecast for later this year? Are these two seeing a similar outcome from their analysis?
I’ve been wondering what shape this would take. Ty Andros does a good job describing some of it. I found myself thinking that Doug Noland’s description of the out-of-control worldwide credit bubble addes some details. Scroll to the bottom of his article for his description, ‘The Meaning of Stage II.’
www.prudentbear.com/index.php/CreditBubbleBulletinHome
As a footnote, I add the following, which I think may be helpful at this time.
I don’t worship Bill Gates. Vista takes a ton of RAM. With a good chunk of RAM, Vista is very fast. The front end has not changed much, these things will always change, it’s inevitiable. Billy’s developers just sit around and pick and choose which features they will rip from other operating systems. Why reinvent the wheel when you can steal your competition’s ideas? My computer rips with Vista…no doubt. My only complaint is that I have software that I can no longer run on the new platform. That’s because Billy is closing the window on software that you may have acquired from friends. Game over.
I haven’t heard many good things about VISTA - XP has been ok to work with but I really think I may just get a MAC this time for myself. My wife and daughter both have MAC’s and love’em but I could not use a MAC for work. Now I can, so that might be the way I go.
I know/agree, I have been following what you have to say and appreciate your experience offered. Thanks.
But what a rotter the past 4 yrs have been really (no <G>)
Fully said……..not in so many words tho, that mayhaps U need a new ‘puter.
Ya’ know……like one with that Miraculous Memory hogging slow responding Billy Gates newly foisted upon the I-N world … that product known indelicately as “V I S T A.”
Yeah, tell me about it.
Me older Compac w/ 1/2 the RAM (2 Mb)…XP PRO takes up only about 300Mb (with all the other ’stuff’ I’ve got stuffed into her). And works flawlessly, at twice the speed of VISTA. Plus, VISTA is certainly not ment (meant) to be user friendly for the average user to figure it out………so give yerself a year, or more. I am gonna’ load that Virtual XP on this VISTA and bypass all their problems. Haven’t yet done it, but one does need the XP disc to make this happen.
Ah’s gots one of those, so it’s just a matter of time and getting a “Round Tuit.”
Kimmy Kommando has all the instructions how to do this job. Sounds easy.
Guess I’m with you completely, as I’m feeling the same pain for a couple of years now.
I’m still on board and consultant to a number of mostly pm miners - and all of ‘em have merit - and as much as I deplore todays circumstances I’m totally convinced to see the junior explorers and developers (of merit) really appreciate rapidly and even may lead the next leg of the POG up in a substantial way.
Don’t lose confidence - our time is just ahead … frr
total bull imo <G>
“Well, in the end you can’t keep the good ones from performing … even in difficult environs … ”
Sure but they can shake out all the early ones to the party and take their shares on the cheap for the real ride, and surely that is the game at hand by the crooks? I hope so other wise I am hangin on to a fools dream.
