[RT] Re: [TimeandCycles] Re: The Great Bear has just begun

[Ben <profitok@xxxxxxxxxxxxx>]

what worked in the past

and what made logical sense then

does NOT mean it will now

yes

normally that would be true

but after a low yield in bonds this 10-12/08

bonds will tank

yield  go up

and that will be the  accelerator for us dollar

with high interest to curve inflation gold will go to the sky too

Ben

----- Original Message -----

From: bearlythere4444

To: TimeandCycles@xxxxxxxxxxxxxxx

Sent: Sunday, August 03, 2008 11:58 AM

Subject: [TimeandCycles] Re: The Great Bear has just begun

Hi Ben,

Not to be contrary, but I normally associate high dollar to LOWER gold.

If the price of gold stays the same relative to OTHER currencies, it
cost fewer USD to buy it if the USD goes up vs these other currencies.

Also, higher interest rates increase the cost of carry, stated
differently, offer more competition to a non-productive asset like gold.

--- In TimeandCycles@yahoogroups.com, Ben <profitok@xx.> wrote:
>
> hello Bob
> look at the chart attached of the WEEKLY us dollar
> this to me looks like a VERY bullish chart
> which means
> higher intrest rates
> high gold
> declinning euro/yen
> (this is long term)
> Ben
> ----- Original Message -----
>

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