posted
I check the calendar. Yes. CPI number tommorow. That number will give push on interest rate
Feb 22 10:00 AM Consumer Confidence Feb 104.0 98.0 103.0 105.1 103.4 Feb 23 8:30 AM Core CPI Jan - 0.3% 0.2% 0.2% - Feb 23 8:30 AM CPI Jan - 0.3% 0.2% -0.1% - Feb 23 2:00 PM FOMC Minutes Feb 2 -
I bet tommorow we will have a lower low and a lower high.
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gold trades in US dollars so if you are worried about cash? you move to gold...
BUT,
there is a problem with China's yuan...the Chinese won't let the yuan trade freely, they "peg" it to the US$, so we can't compete on a level feild...the game is to force them to trade freely, so we are taking the dollar down...but it's not working blahblahblah
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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posted
ooooooh.. so thaaats why ppl holding gold when the towers fell, all doubled their money. thanks... (at a certain point does a fee kick in for these questions? you have paypall or something?)
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