Today’s Call: Euro to fall vs. USD. Currently $1.4076:1€
Rationale – Speculation of Greece exiting Euro, which in the long run should strengthen the Euro, to initially cause concern about durability of currency union. Euro holders to buy dollars until storm settles.
Result of Call for May 20, 2011: Gold to Rise. Was $1,514.70, Currently $1,525.90. Good Call
Calls to Date: Good Calls: 22, Bad Calls: 14, Batting .611