R---
Noland ,who?<gg> At least quote Kurt Richebacher, who you know keeps that old diesel benz in the four-car garage for the weekend tours.
You're not looking at the big picture. "Europeans" are afraid of hyperinflation from the 20's and we're afraid of deflation from the 20's. We have different agendas.
Meanwhile you are ignoring the best indicator of all. Forget about e-waves, gann angles, p&fs, volume reversals, candles... just check out the Key Biscayne indicator. When Europeans stop buying there I'll accept your currency crisis thesis. Until then it's strictly B-ball time under the hoops:
Watch their feet not their hands. That tells you where the ball(money) is really goin'.
P.S. When Gold reaches $3000/ounce what are you planning on turning it into to? Dollars or donuts?
--P