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AvidFan

Usd About To Go Pop?

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gartmen is a shill.

Gold will top this week and fall through august into the autumn. Dollar will bottom out this week.

All in my uneducated opinion ofcourse, but I would check gartmans previous calls before listening to any.

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gartmen is a shill.

Gold will top this week and fall through august into the autumn. Dollar will bottom out this week.

All in my uneducated opinion ofcourse, but I would check gartmans previous calls before listening to any.

Hope you're right - I don't own any right now.

There's the "inverted head and shoulders" hypothesis to the gold move, suggesting an upside target of 1300 ish.

I'm literally 50:50 on short term deflation effects and/or people exiting the safety trade (gold price fall) and a potential dollar devaluation, either through the markets or forced, or oil price rises, causing a spike.

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...it does fit with Goldman's call for >$1.80 to the pound by year end. But this itself doesn't fit with the "Washington blog / embassies told to stockpile local currencies except GBP" post, unless they reckon the pound will follow the dollar down quickly...

Edited by AvidFan

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