Bucky above 80.

[osoab]

Where do we go from here? Nice little rocket shot.



http://www.finviz.com/fut_chart.ashx?t=DX&cot=098662&p=d1


http://www.finviz.com/fut_image.ashx?dx.png&rev=634532672033593750

[mick silver]

if it keeps moving up we maybe seeing the nwo paper money lol

[LuckyStrike]

Good for me, stronger dollar means I can buy more PM's.

When this bear market rally is over and the dollar once again moves to low 70's, I expect silver to be at or above 50, and gold to be at 2000.

[Gaillo]

Good for me, stronger dollar means I can buy more PM's.

When this bear market rally is over and the dollar once again moves to low 70's, I expect silver to be at or above 50, and gold to be at 2000.

Good for ALL of us... gives us a little more time to prep before the dollar becomes worthless.

[osoab]

(http://www.zerohedge.com/users/tyler-durden)
Goldman Slashes EURUSD Forecasts Further (http://www.zerohedge.com/news/goldman-slashes-eurusd-forecasts-further)



In tonight's data dump, in which Goldman has just slashed its forecast for the world economy and now sees a recession in France and Germany, among the actionable idea is the following update by forecast farce Thomas Stolper, whose batting average over the past 2 years is precisely 0.000 (go ahead, we dare you to calculate it). Instead of seeing a 1.40, 1.45 and 1.50 for 3, 6 and 12 months, the perpetually wrong Goldman FX team now expects 1.38, 1.42 and 1.48 in the EURUSD cross. From Stolper: "Given the latest global forecast revisions—and in particular the more marked downward revisions to our Euro-zone growth profile—we are shifting our EUR/$ forecast path slightly lower again and discuss potential additional downside risks. These changes follow a more substantial revision published in our latest Global FX Monthly Analyst. Despite these revisions, however, our strongest conviction remains that the underlying broad Dollar weakening trend remains intact. This is also reflected in the clear upward trajectory in our new EUR/$ forecasts of 1.38, 1.42 and 1.48 in 3, 6 and 12 months." Based on the tried and true strategy of always doing the opposite of whatever Stolper recommends, if anyone needed a catalyst to long the EURUSD, this is it.

If Goldman is still calling for a stronger EUR, then long bucky is the way to go.

[Libertytree]

Good for ALL of us... gives us a little more time to prep before the dollar becomes worthless.

I'll take every minute I can get and be thankful for each and every one of'em.

[mamboni]

(http://www.zerohedge.com/users/tyler-durden)
Goldman Slashes EURUSD Forecasts Further (http://www.zerohedge.com/news/goldman-slashes-eurusd-forecasts-further)



If Goldman is still calling for a stronger EUR, then long bucky is the way to go.

The EURO is dead man walking, and the European leaders all know it better than anyone. I can hear Nigel Farage bristling at this G-S report. G-S must be shorting the EURO big time, the crooked bastards. How they are doing the short I don't know since the FED has pressed them to provide dollar swaps. BTW, I just heard the latest Chapman interview and he says a reliable source from Hong Kong states that a deal is in the works to sell France's two largest banks to China. If this true the entire European banking system is imploding soon. Germany and the Northic countries will have to cut loose from the sinking ship that is PIIGS without France; and the PIIGS will immediately drop the EURO, default on their sovereign debts and print native currencies at hyperinflatioanry speed.

Despite these deflationary force ahead, I think gold and silver will hold firm and may see price increases. After all, there is a lot of cash being pulled out of the markets and a lot of these folk have to see the writing on the walls for the paper money regime. They will see that there are only two refuges left for wealth: physical silver and gold.

Ebay silver premiums over spot running $10 for common date SAEs - that indicates a tight and strong physical demand for silver.

[Neuro]

PIIGS in HYYYPERSPAAAAACE!

Dooom, dooom, DOOOOOOOOOOOOOM!