Overnight update 2:
No big dollar rise, in fact the Canadian dollar is doing much better thanks to the oil breakout. This should help gold hold its own. US equity futures come off lows, but still look defensive. Some might argue that they will not let this market fall apart ahead of the elections. There definitely always seems to be a supporting hand showing up, let's se if they do that hat trick again.
No big dollar rise, in fact the Canadian dollar is doing much better thanks to the oil breakout. This should help gold hold its own. US equity futures come off lows, but still look defensive. Some might argue that they will not let this market fall apart ahead of the elections. There definitely always seems to be a supporting hand showing up, let's se if they do that hat trick again.
This entry was posted
on Monday, October 09, 2006 at 4:12 AM.
