forget the dollar, page-10

The reason that the dollar is climbing on the back of all the bad news in the US is that share investment and property investments are being liquidated and the funds are moving into dollar denominated investments. Not sure who sent me the email alert stating this as I get so many but it was only in the last week. If I could find a strait US$ CFD I would be going long the US$. There are quiet a few analyst predicting a rally in the US$ index to 80 to 85 cents before the next leg down! I think that there is a very good chance that gold will correct down to $845/50 area and silver to $15.50/16.00 area. Mind you silver is extremely strong tonight! On the March futures contract, a close above $16.96 would be a new closing high!