GOLDBUGS AMEX Goldbugs Index (GOLD): With the DXY at 79.86 as I write I suspe...

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Re: None

Thursday, 10/17/2013 7:39:56 AM

Thursday, October 17, 2013 7:39:56 AM

With the DXY at 79.86 as I write I suspect there will be a big battle today to get it back up over 80 with QE funds being used on the international market to buy the USD.

One possible outcome during the next few hours is that panic sets in and the Greenback falls out of bed completely and gold has a $100 day.

My best guess is for a blood-letting fight not seen for a while.

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