Loading ...I can’t argue with some of what Trader Dan is saying but I take exception to some of it too. If you’ll go back to my monthly Dollar chart I posted today at 14:25 and click on the chart you will see that the dollar is right up against resistance right now. I’d say 86 is the max resistance. If we do break on through that resistance then it’s any body’s guess where it stops and Dan may be right.
I’ve had some doubts about Trader Dan though since he apparently had a falling out with Jim Sinclair. What was that all about?? Anyway, I’m wondering if he has been bought off to try to discourage us goldbugs from entering PM’s again?? Whatever the reason IMO he certainly has had an about face in his attitude toward PM’s. That’s the way I see it anyway!! Silverngold