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Re: xe2dy post# 8631

Friday, 06/03/2005 11:29:52 PM

Friday, June 03, 2005 11:29:52 PM

Post# of 25966
*Looking at the dollar chart & NEM chart from the perspective you posted, it wouldn't surprise me to see NEM go to $30/share or the USD index go to 95... thing is, while the USD index is being pumped up, I have yet to see the costs of goods coming down reflecting this strength in the electronic-trading of the USD... thus the move is false to me, but at the same time, I'm aware that it will likely effect the gold stocks because they have yet to part ways with the dollar, but I do expect them to bottom out well ahead of a dollar top, just like back in 2000... (you can see it in the charts you posted, NEM bottomed out well before the USD index found it's top)


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