Dollar Direction ^ V or >

[mayday]

We need a thread that predicts dollar movement to help in determining our moves in the I fund. I'll start with this quote from Paul Van Eeden about the dollar. { The dollar is a floating abstraction created by a bankrupt government supported only by legislation and the confidence of a brainwashed population.}

 

[mayday]

The Fed wants a strong dollar. This tends to push inflation down. The Fed is more concerned about inflation than weakness in the economy.

 

[mayday]

China just raised thier intrest rate. When we raise our intrest rate the dollar falls. So China whats to make their currency fall. A falling currency tends to push inflation up.

 

[James48843]

I hate waking up to headlines like this:

China shares tumble as panic spreads

Last night I went to bed at 1:30 am, with China down a little over 4 percent, but all the other Asian markets showing green.

This morning I wake up and Europe is all red.

Hmmm....

 

[mayday]

I hate waking up to headlines like this:

China shares tumble as panic spreads

Last night I went to bed at 1:30 am, with China down a little over 4 percent, but all the other Asian markets showing green.

This morning I wake up and Europe is all red.

Hmmm....

China has an economy thats hot middle income class is growing fast they want to invest as well as buy everything in sight.

 

[mayday]

Dollar v .22 {.27%} Gold ^ $1.70

 

[mayday]

The dollar should be headed down soon gold is on the rise.

 

[FundSurfer]

It looks to me as if the dollar is beginning to trend upward. We may be somewhat overbought right now meaning we could be in for a slight drop. However, I think the drops will not be as big as they have been.

 

[mayday]

It looks to me as if the dollar is beginning to trend upward. We may be somewhat overbought right now meaning we could be in for a slight drop. However, I think the drops will not be as big as they have been.

I noticed that today gold down almost $6.00 a ounce dollar headed up.

 

[350zCommTech]

I noticed that today gold down almost $6.00 a ounce dollar headed up.

I think the dollar is up because yields are up.

Anyway, what do you thing gold is going to do tomorrow? I think down.

 

[mayday]

I think the dollar is up because yields are up.

Anyway, what do you thing gold is going to do tomorrow? I think down.

I think the dollar is headed up.

 

[mayday]

I think the dollar is headed up.

Roughly for every .10 move on the dollar gold moves $2.00 in the opposite direction. Gold is headed for a test of $640.00

 

[Brett]

In the "Pony Express" of our personal TSP growth; Is it time to jump off this I-fund Pony and get on another? As long as the dollar was falling, we were making money.

 

[mayday]

In the "Pony Express" of our personal TSP growth; Is it time to jump off this I-fund Pony and get on another? As long as the dollar was falling, we were making money.

As you know it all fluctuates mid Apr. gold hit 692 now its around 650 mid Apr dollar hit about 81.50 and that was low now its at 83.16 I see an up-trend in the dollar and a down trend in gold. Yet the dollar is not the only thing you look at in the I fund.Overseas markets are looking like they are ready to take off especially if we rally today. I'm looking for a quick dive into the I fund today

 

[mayday]

http://preview.tinyurl.com/2uskcm Lets see if I did this right. Should be spot gold chart.

 

[Show-me]

Your doing good you just copied the preview one.

http://tinyurl.com/2uskcm

 

[mayday]

Your doing good you just copied the preview one.

http://tinyurl.com/2uskcm

Thanks Show I'll try to do better next time.

 

[NTXDiver]

Looks like an interesting thread. Following the FOREX URL, gold is trending down today (as of 8am). Do you think the I fund will follow suit?

 

[FundSurfer]

Dollar is trending up. The recent jumps have outpaced the trend, dollar is overbought. I expect a short term drop but expect the upward trend to continue.

 

[mayday]

Dollar is trending up. The recent jumps have outpaced the trend, dollar is overbought. I expect a short term drop but expect the upward trend to continue.

Ditto.