Mr. Stolwyk, You are trying to change the topic. You MUST admit when everyone is bearish then that is a WARNING SIGN, it is usually near the bottom. Everyone right now is very bearish about the US dollar. Including the US financial media like Bloomberg. Tim Wood, an expert on Financial Sense News Hour, is also not bullish about gold. Let's face it, 81 on the dollar index is going to be defended to the death. Japan and Germany don't want their currencies to continue to strengthen against the US dollar. Nor does Switzerland. Nor does Great Britain. Nor does Canada. We should all consider it very real that there might be serious, coordinated intervention, resulting in a major US dollar rally, even if it is just a counter trend rally. It could be enough to smash gold and naturally enough many underperforming gold shares. Doesn't it strike one as odd how weak the major gold indices currently are? Shouldn't some warning bells be ringing? Gold. Warning! Warning! Warning! Your friendly BlackWolf. PS: I am prepared to make posts which are contrary to the Hot Copper feel good posts.
