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Off To The Races

Off To The Races

by MoleSeptember 22, 2009

Anna here Good morning guys 🙂

Well I woke up to see the Dollar jump obliterated, Gold up, Silver up, Euro broke out, we are closing in on a new high. Yesterday I wrote that I was very bullish on Gold and bearish on the Dollar yet,  and today I am really happy I told you guys to take profits on EUR short yesterday and the equities dip. Boy that didn’t last long! Here is an updated chart on SPX. I called for 1123 in short order and it appears that we are on our way.

I will also repost my Gold Chart from Friday to again show the breakout Gold has had. Price target I have is about 1200$. Yes, that mean a much lower dollar. 75 area is in our future. Have a great day and try to trade around this till our day comes. 🙂

About The Author
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at various social media waterholes below.