gold and $us collapse

  1. 5,382 Posts.
    I am still very much a learner in this game but would like to share a couple of thoughts re gold and the $US.
    Firstly, with all the current goings on , which I won't go into now, I wouldn't be suprised to see a sudden major sell off/collapse of the $US.
    Second this would most likely lead to major flight to gold. I get the feeling this good happen soon.
    Looking at the HUI (unhedged US gold stocks-gold bugs index), I see an ascending triangle forming, waiting for the break, whichever way I think it is going to be significant and it will be up.
    Geez I wish I had more money left over from my stock market apprenticeship.
    PS Hope you all had a good day and didn't eat toooo much, LOL

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