None of this seems to connected to the dollar in the short term, we'll see after 11 a.m. when POMO finishes up
Friday, November 12, 2010
GLD/SLV/USO UPDATE
None of this seems to connected to the dollar in the short term, we'll see after 11 a.m. when POMO finishes up
1 comment:
This seems to indicate a stronger dollar short term and mid term given the 15 min chart of oil. Probably a reflection of Iremand about to blowup and the EURO. Confirmation that Ireland is in talks with the EU for a bailout. Do you think Bernanke new that prior to the POMO release. Trying to salvage the what they can by through bad money after bad stocks in a bad economy is going to have a terrible outcome.
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