Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

Rise and fall (the US Dollar) against what? Many Asian countries are pegged. Against the Euro, I doubt there is much more to go, Europe is in much worse shape economically then we are and strengthening Euro exacerbate this. Thus unless we get depegging in Asia, I doubt the dollar has much more to go, thus gold, even the metal, is probably bound above by another $30 to $40 above the recent high, if the $450 we had was not the high for the next year. The miner, they often follow the market during late stage declines.