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Thursday, March 25, 2010

Dollar rises, interest rises, gold falls, where is the other shoe?

The buzz among every chartist is the same.
Dollar climbed hard Wednesday, along with 30 year treasury interest rates, and gold continues it's declines. The market just shuffled around.

I posted many times, the REAL game is the bond market. If these rates continue to rise, the market will fall, its that simple. Cost of debt is a key driver to the US, the world's largest debtor nation and debtor per citizen.

Dollar rising and gold falling with interest rates going higher is very odd, to say the least. But something is afoot, things are shifting. For now, the charts:

From WebSufinMurfs FinancialBlog2

From WebSufinMurfs FinancialBlog2

From WebSufinMurfs FinancialBlog2

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