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Thursday, April 21, 2011

CORRECTION...USD broke 2009 lows, not 2008 lows

Unfortunately, the tools I use for some of the charts aren't the best. for the USD, I use the link on the right for live USD valuation.

That chart does not show the x Axis...and I mist-took the low to be 2008 low, when it was the 2009 low.

So the USD has not hit bottom yet...so I do expect it to break the 2008 low. I'll most likely be buying back in Silver and gold positions monday. I do agree with Gary of Smart Money tracker on this action.

Here is a chart from the chart store, showing USD from 2000. As of close Thursday, USD did hit a low of about 73.8.

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