OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Part Of Conversation With A Gold Trader Friend

Posted by Mr.Copper @ 22:14 on August 30, 2016  

Gold is getting close to a bottom, I think. Dow is just beginning its sell off.

What you said makes sense. Dow is too high, after a long bull run, and gold only 8 months ago came off extreme lows after a three year bear run.

I’m thinking TPTB via COMEX will bash the US Dollar back down on purpose, very soon. The Dollar imo is in a little rally since May, futures players dollar bulls having fun until the Fed bashes them.

I’m saying “the dollar is in the graveyard in the sky above 82” where it needs to be, to help the US economy.

Dollar chart, double top and net lower YTD.
http://schrts.co/JhBi51

Gold:
http://schrts.co/604y9M

Gold:
http://schrts.co/oQh5Dv

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.