Loading ...to stay Strong,because DRAGHI in Europe is going to weaken the Euro and do Bond repurchases just as our Fed did….Most of the Time the Euro and USD are opposites ..as Euro weakins the Dollar relative to the Euro remains static as Euro goes down Leaving the Dollar stronger on a Relative Basis.Imports become cheaper for the US putting pressure on inflation.
Early Buy Signals
CEF,MUX.
Personally Im not buying until Oct 1 ,there are signs of bottoming process in many Golds &Silvers..SLW is not quite bottomed yet probably by oct1
Silverngold- Winter Forecast
The Indian Chief thought that it was going to be a bad winter so he sent all the braves out to collect wood. As he watched them return laden with timber from the forest he suddenly felt that he ought to check his forecast so he phoned the local met office.
“Tell me, is it going to be a bad winter?”
“Yes” said the forecaster ” it will be a bad one”
So the Chief told the braves that they didn’t have enough wood and sent them back into the forest again. They returned with more wood but once again the Chief had doubts and he called the forecaster to confirm.
“It is going to be a really severe winter” replied the forecaster.
The Chief look at the wood store, decided that more was required and the braves were dispatched back in to forest. The Chief called the forecaster.
“Are you sure it’s going to be a really severe winter”
“Look” said the forecaster “its definitely going to be the worst winter on record – the Indians are gathering wood like crazy!””
Farmboy….Silverngold…Winedoc
@ Farmboy…well, if you want one who isn’t asleep, here you go (click on pic to enlarge):
@ Silverngold…LOL!!!
@ Winedoc…that’s a mighty nice tiny house, good job!