
MacroVoices #345 Daniel Lacalle: The Situation in Europe is Worse Than You Think
Macro Voices
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What Are You Thinking on Gold?
Dollar index can't clear 114 115 high level and we see any reversals back down below 111 next week then we have to really ask the question whether some short to intermediate high in the dollar is in. crude oil may be running out of downside momentum as dips are being bought on this pullback if price action starts to hold above 90 dollars it would be the first bullish price action we've seen in crude since the first and second quarter rallies. eric what are you thinking on gold here well our good friend ola hanson at saxo bank has a note out this week saying that they're still bullish gold but holy cow gold just plain isn't acting like most people predicted
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