Therefore I am going to post it. Jeez, I feel apologetic posting a chart of the USD in light of the hysterical calls out there insisting that it is doomed.I am a chart guy. Where is doomed Jerry, SHOW me doomed! Yes, I can see that this POS has declined relentlessly and I also know that it is devoid of value and even that it has been forsaken by its creators. So what? The noise out there about its death is not commensurate with this chart.
Listen, I am benefiting well from the explosion in gold stocks, not to mention the metal itself. Silver too, although you know that's to a lesser degree given my cautious nature. I don't want to sell but have only been buying upon identifying good risk vs. reward opportunities, like a silver, gold and base metals explorer noted to subscribers last week that had a sneaky breakout and re-test.
But I am not a manager for bubble or blow off dynamics. It's the old be afraid when everyone's brave curse. Yeh, I am afraid. Managing risk and sitting on my hands as I await a time when people once again need a firm voice amid the hysterics that will come when the opposite of today's hype is in full force.
Meanwhile, I post the chart no one cares about. Cause I'm sure not going to post a chart of the Huey. The time for that was a year ago and over the ensuing months, and the place was in the newsletter as pullback levels and buying opportunities were routinely identified. I don't see any nearby right now. I'm just strapped in and watching... and waiting.
