Wednesday, October 15, 2008

Gold and Dollar -- Historical Comparison Update

remember last month I posted a chart of Gold in 2005 and compared it to the recent Euro/USD chart? no? well then click here for that post. then come back and read this one.

the degree to which the Euro has followed the script thus far is just uncanny:





again, the Euro chart's upside down here to show the similarity with the Gold chart.

the script's bound to break down here at some point, but so far so good. I just wish I had expressed more confidence in my hunch.

still, don't you think this kind of stuff is worth a little donation? where else are you going to go for analysis like this? show a little love.