Wednesday, May 16, 2012 6:46:14 AM
Gold Losing Battle Versus U.S. Dollar In 2012 (GLD, SLV, IAU, UUP, UDN)
The dollar is not “strengthening” – that is an outright lie. It is simply plummeting a little less slowly than the other (worthless) paper. Example: two people jump off a 100-storey building at the same time. While falling, one of the individuals climbs on top of the shoulders of the other one.
Has that individual “strengthened” himself? Obviously not. He will simply go “splat” a millisecond later.
http://etfdailynews.com/2012/05/15/gold-losing-battle-versus-u-s-dollar-in-2012-gld-slv-iau-uup-udn/
I am only expressing my personal opinions or repeating public information from SEC filings or media outlets-which may or may not be correct. Do your own investigating before investing!
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