IT is never simple Artie. In fact it is more complicated than ever now with the extreme financial headlines dramatically affecting markets unlike ever before. And just to totally screw your head up keep in mind that while 'typically' precious metals trade inverse to the U.S.$ there are times when they both trade sharply in the same direction. When there is extreme panic in the financial world big money runs to the safest securities. That tends to be U.S.$ and their Tbills along with Gold with the world lacking confidence in any other assets and liquidating most everything. On the downside recall the action after the last U.S. election in 2008. Recall most 'everything' went over a waterfall together in late 2008 into the spring of 2009. But the U.S.$ soared. So here we are again with this 'fiscal cliff' issue. And like all elections, once it is over the people that throw money around trying to make the economy look good in order to be re-elected don't have to be nice anymore. Especially a U.S. President's 2nd term where he has nothing to lose as this is his last term regardless. That's the trouble with giving someone so much power with nothing to lose. And one more monkey wrench to throw into the mix is the questionable EURO that is a complete basket case. If some hot shot over there says something positive the Euro rallies and DX 'automatically' falls due to the construction of DX. 'OR" if one of them says something bearish about the Euro it plunges and DX rallies sharply which trashes most markets. So perhaps you should just befriend some hot shot that is quoted by the media in Europe and get rich instead. Meanwhile we are all trading headlines. DX is in an uptrend again but between 81 and 82 is likely to spend some time in there causing choppy markets. Also note on the DX chart I posted the CCI 20 with a lower high showing a negative divergence on this latest rally high. It is a sensitive indicator and price can still trade in that 81-82 range but is a warning of a loss of momentum as well. Well I'm off to the beach for a 3 hour walk with a cool fall breeze and crisp ocean air to clear my head.....if that is possible.

Here is a chart of TBonds that I posted a while back when it tested major long term support at 146. Price has now broken out of its 3 month downtrendline and is still bullish. It can be bought with an ETF:TLT as well as futures. This has been an easy trade since testing major support. Lots of ways to skin a cat. Oh and watch those breakout points on those other charts. We might all just get lucky as long as we have an exit strategy firmly in place.