When the Euro was imploding earlier this year the dollar was the main beneficiary. With all the problems coming from countries like Greece, Portugal, Italy and Spain, the dollar was flew past 80 on the index and the Euro was in fact approaching its mid-2009 lows in the 118/119 range, an area I thought it would reach. But a funny …
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23
2012
Gold Breakout Or Reversal?
By: Doug Eberhardt
Category: Gold
Tags: Dollar, dollar index, EURO, fear, fed, Gold, QE, silver, TBT, Treasuries, vix
In timing the gold and silver markets, people look to all sorts of charts and data to make a decision to buy or sell. They also look to the Federal Reserve and the various voting members along with Bernanke and see what their thinking is. In trying to put all of these various tools together in deciphering where gold and …
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