Check out how the USDollar, single handedly....almost, rises while Gold, EUR/USD, USOil, UKOil, Japan225 etc tumble.
Note the USDollar Index shown is FXCM Index as reflected by four currencies tied up to the USDollar namely: EUR, GBP, JPY, and AUD.
So , when these four big hitters tumble, the USD kicks butt or the other way around and those listed above with Gold do the same. But the question is....WHO is behind these huge movements?!! It is not the price of oil! It is not the price of Gold granted that the USD is used to buy both!
These are dictated by those who have the big $$$$'s who plunk in or take out MASSIVE amounts from their investments, that is!! This is why at 3 am Pacific time ...sometimes.. or on a Sunday afternoon... these entities rise and fall massively and we wonder why. But , not to worry!!! Just ride the tide and learn not to drown!!!
Click here to see the Mighty Dollar 'harass' Gold.. not to worry... : )
Click here to see Japan225 Index and UKOil get their beatings by USDollar... WHILE GOLD HOLDS ON! : )
Click here to see how Gold, US30 (Dow) and S&P500 are positively correlated and get their butts kicked together as USDollar rises. Godl held its own eventually.... : )
Click here to see end of the day relationship between Gold and USDollar Gold held on to huge gains of yesterday.
Merry Christmas!!!!!
Joe Joson
USA
blackhawk74@yahoo.com
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