Post
Topic
Board Economics
Re: Gold: I smell a trap
by
cypherdoc
on 30/09/2011, 04:28:13 UTC
to the truly observant that have been following this thread and what i have been saying, its clearly obvious that all markets including pm's are moving inversely to the USD almost on a tick for tick basis.  this is the inverse correlation i have been talking about.  IMO this means the USD is the dog and all other markets including gold are the tails.

this is also a very dangerous situation as the fundamentals of individual companies or markets don't really matter.  in fact, the inherent value of gold/silver doesn't matter either.  if the the USD decides to skyrocket, gold/silver will tank along with everything else and vice versa.

we're due for a correction in markets so you know what i think.