Dear Friends,

Ireland being downgraded by S&P is not going to heal the dollar’s problems.

Talk about the Fed increasing interest rates is another way of saying that quantitative easing (printing money) would in fact be curtailed. This cannot be possible in present circumstances or even a year from now without a market catastrophe.

The Negative PR for gold and the Green Shoots for the dollar are all raving BS to assist in the position option hedge and reversal of the Commercial for the coming vaulting of gold upwards.

How anyone can be fooled by this is a reach unless you totally throw fundamentals into the trash and live only by TA, an error that will end up taking your money away in this market.

Use TA to figure out the basic direction. The key to success is if that direction is fundamentally sustained.

This BS barrage on the dollar and gold market will not be sustained.

Respectfully yours,
Jim