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Sunday, September 26, 2010

This Week in Charts

I have 4 charts to show, S&P 500 since 1995, GDX miners since 2007, USDollar last year or so, and the 30 year interest rate.

Notice, the only investment that is at highs is gold miners. Rest is not doing so great in comparison.
Also notice the USD is falling into critical area.

Not good, not good. Oh well, American Idol season starts, and who cares if the USD starts making its way to new lows. Market is holding in there, it is all good.......

To the charts!

Below is USD, notice the dollar is falling below previous support.

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