by Howard Katz | Aug 10, 2009 | Howard Katz
On Monday, Aug. 3, 2009, the U.S. dollar index broke down to 77½, thus completing a double top (Nov. ’08 and March ’09). This was the major economic event of 2009 and predicts a further decline in the index to 68, which will be an all-time low. As is well...
by Howard Katz | Aug 3, 2009 | Howard Katz
“The old order changeth, yielding place to new.” So wrote Alfred Lord Tennyson, a British poet of the 19th century. And indeed, Tennyson saw many changes in his life. There are some periods of human history when people go through mind-numbing centuries of...
by Howard Katz | Jul 27, 2009 | Howard Katz
It is, I believe, a Chinese expression, “May you live in interesting times.â€Â Well, lucky us. We most certainly do live in interesting times. As of Friday, the U.S. dollar index closed at 78.89 (basis Sept.). The break point of the giant double top pattern...
by Howard Katz | Jul 23, 2009 | Howard Katz, Precious Metals
Alas, poor gold bug. Things are better than a week ago – but not much. And here you sit, with gold about to break above $1000 and make you rich. Yet you are torn with fear and doubt. When you look back at this period, you will think, “Why was I so scared? I made a...
