Technically Precious with Merv For week ending 22 May 2009
The week started out on a sour note but ended up okay. Gold seems now to be more
comfortable on the up side. The sharp drop in the U.S. dollar isn’t hurting any.
I get into the U.S. $ Index every now and then. I was planning to talk about it briefly over the
past several weeks but I just kept putting it off. Well, here it is and Obama’s stimulus program
is really working as expected. Unfortunately, many analysts are convinced that this is just the
start of the U.S. $ plunge. Trillions in debt, what could possibly go wrong?
(more / PDF file)
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