Today was one of the more fascinating days I’ve seen in the financial markets in a long time. The gold advanced and exceeded the January and early April double top at the same time the Dollar surged to new 11-month highs. This flight to safe havens precipitated in large part by Standard and Poors downgrading Greece [...]
Continue reading...Friday, December 4, 2009
In light of the dramatic moves in the Gold and Dollar Index on Friday, the probability for counter trend moves taking place has increased. That being said, an ideal scenario could play out for two very big plays in the markets. 1. Aggressive investment and speculative long positions in the Gold after further weakness. 2. The soybean [...]
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Tuesday, April 27, 2010
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