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« Agnico-Eagle Mines Limited: Great results | Main | GOLD: Sideways until the elections are over? »
Monday
Oct232006

USD: A managed downward trend?

dollar2

No-one likes ripples at election time so don’t expect the mighty dollar to fall any time soon.

usdollar3

However once these elections are behind us the Feds will have other worries to struggle with.

The green back will still be managed down in an orderly fashion so don’t go shorting it like there is no tomorrow. But drop it will, as there is no other way to dilute the value of the dollar wealth held in foreign lands.

Get into position with your own precious metal investments and sit tight.

The year-end is going to be colourful for gold stocks in our humble opinion.

23 October 2006

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