9/2/09

Watching trendlines

This chart of the dollar caught my attention (click on the chart to enlarge it). Watch the trendline. Is trending lower since March.

No big surprise. The dollar is weak. It reflects the messy state of our country.

One thought. What will happen to gold if the dollar breaks the trendline on the upside?

To find out more about my in depth view of the markets and my strategy just visit our website https://www.peterdag.com/ where you can review The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific money management needs.

I will be happy to speak to your investment group on how the business cycle impacts investment strategies and the choice of asset classes.

George Dagnino, PhD
Editor, since 1977

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