Comment by majimaji on August 9, 2011 at 7:18am

Sir, what do you look for to identify a balancing act? Does it exihibit distict signs?

Comment by MarlonF on August 9, 2011 at 8:25am

dear Dr, gold seem to be gaining a lot and silver seem to get getting left behind, do we expect silver to catchup and GAIN more or are we looking at a reversal and a SLIDE in silver?

Comment by Anurag on August 9, 2011 at 9:58am

Sir, when you say that reversal may take time upto end of September so it means that chf may take time upto september end to reverse and till that time it may go down.

Comment by NKB on August 9, 2011 at 10:55am

Gold is looking to drop in a big way from tomorrow onwards, once equity market starts consolidating.. gold is making high on 2 reasons, one is fear psychosis and other is traders are short and not yet covered, today looks like short coveing is over, 1773 basis spot is the high volulme zone, if it doenst move above that and doesnt stay above, one can assume we are near top.. Happy and prosperous trading to all

Comment by Rony on August 9, 2011 at 2:23pm

"If the US Government was a family, they would be making $58,000 a year, they spend $75,000 a year, & are $327,000 in credit card debt. They are currently proposing BIG spending cuts to reduce their spending to $72,000 a year. These are the actual proportions of the federal budget & debt, reduced to a level that we can understand." 

I seen this on amother site and I had to share it. No wonder S&P downgraded us.

Comment by Vinesh Jagmohan on August 9, 2011 at 3:53pm

Doc what do you expect out of EURO/CHF?

Comment by Gregor on August 9, 2011 at 6:51pm

Dear dr.,

do you think it's better to stay away from chf and jpy for a few months?

Best regards,

G.

 

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