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To: Texas Songwriter

And yes, did see the economic stuff from yesterday. Very scary. And I believe China will unhook the yuan from the dollar. When that happens, look out.


95 posted on 11/27/2004 1:25:18 PM PST by durasell (Friends are so alarming, My lover's never charming...)
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To: durasell

If we read the fibonacci lines correct there is no obstruction for the dollar to fall to 71 and there only mild resistance. It will probably blow thru and there is no stopping it before 51 USDX. Gold is moving through 485 on its way to 529. If if blows 529 by mid summer of next year, heaven help us. Nothing will stop it before gold prices explode upward to unimaginable levels like 1979-80.
This situation will get out of hand in lightning speed. Hope you and yours are ready for warp speed ride.


101 posted on 11/27/2004 1:39:27 PM PST by Texas Songwriter (Texas Songwriter)
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