Skip navigation

Sign up | Lost password? | Help

The Resourceful Bear Blog

Peak US Dollar May Be In And Gold May Be On The Verge Of A Breakout

,

Charts show peak US Dollar may be in; and gold, which trades inversely of the Dollar, could break out this next week!

The $USD closed at $85.67 on Friday October 31, 2008.

The US Dollar bullish ETF, UUP, courtesy of Jack Chan, from JC's Buy and Sell Signals

$GOLD closed at 718 on Friday October 31, 2008.

The gold ETF, GLD, courtesy of Jack Chan, shows a close of $71 on Friday October 31, 2008.

A closing gold price above $730 this week would be an "undeniable" buy signal for gold.

The Privateer's $US 2 x 3 Gold Chart shows the wisdsom of buying gold it it moves from its current $720 and breaks out above $730 ... $US 2 x 3 Gold Chart

Evidence suggests that there will be a declaration of martial law in response to the soon coming worldwide financial system breakdown:
Sen. Warner Supports Domestic Use of Military by David Swanson of GlobalResearch.ca

Top International Military Officials Meet In Adirondacks

The Soon Coming Martial Law Will Be Managed By NORTHCOM'S JTF-CS

How Near Is Martial Law

Bush Paves The Way For Martial Law

Army Combat Team To Train For Homeland Scenarios Under NorthCom

NORTHCOM Gives Approval For Canadian Armed Forces To Provide Gustav Disaster Relief Services In Louisiana

Soon Coming Enforcement Of The Security and Prosperity Partnership Places Ones Investments At Risk

Gold and gold only will preserve one's wealth when the world wide financial system breakdown comes. I recommend that one buy gold and put it far, far away from the current financial system, safe and sound in a guarded vault, like BullionVault and GoldMoney, with an account personally at streetTracks Gold Trust, and in physical possession of gold coins.

Worse Than The Great DepressionRothschild Hires Three M&A Bankers From Lehman