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Charmin

Daily Digger - Thursday April 14, '05

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starting to accumulate very lightly. these will not be trading positions, but long term buy and hold. i dont think the dolar has much to go on the upside. well, if you 've been kicking yourself for missing the gold rise these last few years, this is an opportunity to buy. dharma

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from brighter minds

 

today was interesting

metals new lows

then euro followed

then metals reacted back up

euro then reacted up

metals seems to be leading esp silver now imho

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Have open gap in the 85+ XAU and an ABC I have been looking at was hit at 185 in the HUI. Need to see a spring off the lows. Lots of scared bulls around. Tough call here.

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starting to accumulate very lightly. these will not be trading positions, but long term buy? and hold. i dont think the dolar has much to go on the upside.? well, if you 've been kicking yourself for missing the gold rise these last few years, this is an opportunity to buy.? dharma

 

My feeling is that the US Dollar is in an up trend to 87-90 and that there is a current push to squeeze the short out of the US Dollar positions. My focal point is still Mid May to early June for this swing in the Up dollar trade. And inverse reaction in Gold and Euro.

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