Wednesday, October 27, 2010
Dollar Index
The US Dollar index is trading around multi decade lows. It is forming a "L-formation" at the 70 level. Note the high of the reaction goes to the exact fib 38% line. If the Dollar breaks below 70, the first target is a 70% wave projection of 55. The final target would be 40 by 2015. If it does break below 70, BUY GOLD.
Wednesday, October 6, 2010
Silver VS Stocks
Gold as Inflation Hedge
Just finished a great article on how Gold has really been a great hedge for inflation. When measured against the governments CPI numbers for the last 40 years, Gold has outperformed CPI by a factor of SIX.
Read the whole article in the next issue of Futures Truth magazine.
Read the whole article in the next issue of Futures Truth magazine.
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