market report: currencies, gold, silver, oil

  1. 22,691 Posts.
    Little change but the US will be back to normal trading again.
    The USD is 83.55 gold is 427 Euro 1.3066 oil 49 and silver 7.39.

    Sofar, N Maund's prediction of a much higher dollar hasn't born fruit. That was TA. However, fundamentally there is no real reason for the USD to rise. It is locked in IMHO. Inflation is coming to the fore now, so the next few weeks could be more interesting.

    There is little economic comment to offer. That means waiting for further developments. There is always something brewing but takes time to make its impact felt.

    Here are two writers:

    Hans Schicht: Takeoff
    http://www.gold-eagle.com/editorials_05/schicht022005.html

    Alex Wallenwein: The Dow-Gold
    CROSSOVER .. Part II
    http://www.gold-eagle.com/editorials_05/wallenwein021905.html

 
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