Death cross for the USD index

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scoutaz_2003

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Death cross for the USD index

posted on Sep 28, 2010 06:20PM

The 50 day moving average just crossed the 200 for the US dollar index.

The last time this happened the index fell 7 points in 6 months. That would put the index at about 71 in March...with quantitative easing...it should go further faster.

During that time gold went up about 325 dollars (925 to 1250)....so add 1308 + 325 and you just about get Sinclair's 1650......