Forum Archive Index - May 2004
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[sharechat] US$, USGold, USSilver ...
FWIW ... seems we're seeing a bottoming in the metals in USD, and topping of
the USD index. Time for me to ease up on buying this weakness and watch for
the upside. Will pick up a few NEM leap calls here as some appear well
oversold imo.
Gold in NZD didn't move much after the forex effect, but still presented
weakness to buy into http://finance.yahoo.com/q/bc?s=XAUNZD%3dX&t=2y&c=
Silver in NZD corrected bigtime (fib 50% of the whole rise since Dec), so
was good buying for those who saw the weakness as opportunity.
http://finance.yahoo.com/q/bc?s=XAgNZD=X&t=2y&c=
Will be very interesting to see what happens as [if] the USD tips over here
and NZD starts up again.
Best to all
BAA
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