Those holding foreign US Dollar debt can not survive a higher $USD, the higher the $USD (DXY) goes the closer the burning fuse gets to the explosive.

This is why, when $USD breaks out into price new ground, gold forms a base (sideways) as it allows traders to accumulate position for the very likely $USD reversal. The $USD ying has a GOLD yang!

The professionals do all they can to bust the weak hand gold traders. Do not let that be you!

There is a reason the gold stocks (NEM, ABX, PAAS) are holding their ground very well, ok I tell you, it is because there is another move higher coming, sure it may be 6 months or even 12 months away, but it is coming. 

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Investing Quote...

.."TIME is the most important factor in determining market movements and by studying the past records of the averages or individual stocks you will be able to prove for yourself that history does repeat and that by knowing the past you can tell the future. … There is a definite relation between TIME and PRICE. … Now, by a study of the TIME PERIODS and TIME CYCLES you will learn why tops and bottoms are found at certain times and why Resistance Levels are so strong at certain times and bottoms and tops hold around them. … The most money is made when fast moves and extreme fluctuations occur at the end of major cycles." ..

William D Gann


.."October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February."..

Mark Twain


.."If you have trouble imagining a 20% loss in the stock market, you shouldn't be in stocks"..

John (Jack) Bogle


..The time of maximum pessimism is the best time to buy and the time of maximum optimism is the best time to sell"..

John Templeton


Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.

Nobel Laureate for Economics Paul Samuelson