Epiphany, Tuesday 6 January a.d. 2008
Who's afraid of the big bad dollar?  Not stocks or silver
or gold, at least not today.
Today the US DOLLAR INDEX rose 18.8 basis points,
but it might as well have been rising on the moon for
all other markets cared.  The point?  The dollar remains
in an upward rally in a downtrend, & its days are
numbered.  Panic is over, need for dollar liquidity is
vanished, hangover from inflation is hitting, & dollar
is resuming its trajectory toward the center of the earth.
STOCKS finally closed over Dow 9,000 at 9,025.10.
They'll inch up a bit more, then dig into a rally, but
don't expect anything spectacular.  Get your selling
ready for Dow 10,000 to get shut of any remaining stocks.
SILVER & GOLD impressively fought off another
attack today.  Gold broke below 850, allegedly down
to 838.50 (I never saw it that low), while silver hit
10.75 (I never saw that either), but both closed the
day much higher, silver up 17.50 at 1142 cents & gold
up 8.20 at US$865.40.
What jumps out at you from those closes?  That gold
remained above 850 support & silver above 1125/1130.
The shorts have now wasted a lot of ammunition in the
past 2 days trying to break metals, without success.  Now
they have fistfuls of losing positions, which will lose
even more as silver & gold keep on climbing.  That
means at some point we have a price piñata in our
future when these shorts panic out of their position, yelling
"Buy it for whatever you have to pay!"  That day will
witness big jumps in silver & gold.
And that should happen soon.  Resistance above silver
until 1350 cents is like the earth's atmosphere above
30,000 feet -- very thin.  Look for big jumps when silver
finally & permanently closes above 1150 - 1180.
America has piled so many myths & sales slogans
onto Christmas, that it's hard to dig under Frosty the
Snowman, Rudolf the Red-nosed Ranger, Santa Claus
& Mrs. Claus & the Elves, & Chevy Chase's Christmas
Vacation, and find any Christian relic under there.
Still, today is Epiphany, or the Feast of Three Kings, the
last of the 12 Days of Christmas, celebrating the
manifestation of Christ to the Gentiles, represented
by the Three Magi.  It is the major Christmas feast for
the Eastern Church, and so widely celebrated across
the earth that even the hard-working anabaptist
Amish take off a day to celebrate Epiphany.
Have a blessed Epiphany!
Argentum et aurum comparenda sunt --
-- Silver and gold must be bought.
	- Franklin Sanders, The Moneychanger
© 2008, The Moneychanger.  May not be republished in any form,
including electronically, without our express permission.
To avoid confusion, please remember that the comments above have a
very short time horizon.  Always invest with the primary trend.  Gold's
primary trend is up, targeting at least $3,130.00; silver's primary is up
targeting 16:1 gold/silver ratio or $195.66; stocks' primary trend is down,
targeting Dow under 2,900 and worth only one ounce of gold; US$ or US$-denominated
assets, primary trend down; real estate bubble has burst, primary trenddown.
Footnotes:
The US DOLLAR INDEX is a average exchange rate for the US dollar against the
Euro, Yen, Pound sterling, Canadian Dollar, Swiss Franc, and Swedish
Krona, weighted for each country's trade with the US.  It gives a general measure
of the US dollar's performance against all other currencies.
The DOW IN GOLD DOLLARS measures the Dow Jones Industrial Average in
gold dollars (0.048375 troy oz. by law).  The DiG$ depicts the Primary (20 year) Trend
of stocks against gold.  When the DiG$ is dropping, gold is gaining value against
stocks in a trend that should last 15 - 20 years.  The DiG$'s chart is identical to
the Dow in ounces of gold, but gives us one unvarying measure all the way back to
1896.  Because it shows the primary trend ("tide") of gold against stocks, for
investors it is the single most important financial chart in the world today.  Since its
August 1999 high at G$925.42 (44.8 ounces), the DiG$ has trended down, targeting a
G$80 - G$20 (4 - 1 oz. of gold will buy the whole Dow).
The DOW IN SILVER OUNCES shows how many ounces of silver are needed to
buy the entire Dow.  The DiSoz is trending down with a target of under 36 ounces.
The GOLD/SILVER RATIO is the gold price divided by the silver price, & shows
how many ounces of silver it takes to buy one ounce of gold.  The Ratio shows us
the Primary (20 year) Trend of gold's value against silver.  When the Ratio's trend
is dropping, silver is gaining value against gold.  This trend targets a gold/silver
ratio of 16 ounces of silver to one of gold within the next 5 - 10 years.  That implies that
silver will massively, vastly outperform gold before this bull market ends.  When
both metals are rallying, the ratio often (but not always) drops, confirming the
rally.
6-Jan-09	Price	Change	CLOSES
Gold, $/oz	865.40	8.20	1.0%
Silver,cents/oz	11.420	0.175	1.6%
Gold/SilverRatio	75.78	-0.450	-0.6%
Silver/Gold Ratio	0.01320	0.000078	0.6%
Platinum	968.00	32.00	3.4%
Palladium	198.00	16.00	8.8%
S&P 500	934.70	7.25	0.8%
Dow	9,025.10	62.21	0.7%
DowInGOLD$s	$215.58	$  (0.54)	-0.2%
Dow in GOLD oz.	10.429	-0.026	-0.2%
Dow in SILVER oz	780.04	-17.01	-2.1%
US Dollar Index	82.79	0.19	0.2%
NOTE:  The following are wholesale, not retail, prices.
To figure our  retail selling price,  multiply "Ask" price
by 1.035.  To figure  our retail buying price, multiply
"Bid" by 0.97.  Lower commissions apply to larger orders,
higher commissions to very small orders.
GOLD:	Fine Tr.Oz.	BID	ASK	Ask,$/oz.
American Eagle	1	900.64	911.64	911.64
1/2 AE	0.5	458.98	N/A	#VALUE!
1/4 AE	0.25	227.87	N/A	#VALUE!
1/10 AE	0.1	91.80	N/A	#VALUE!
Aust. 100 corona	0.9802	848.85	856.85	874.16
British sovereign	0.2354	205.86	213.86	908.48
French 20 franc	0.1867	161.68	184.68	989.19
Krugerrand	1	891.98	910.43	910.43
Maple Leaf	1	866.00	910.51	910.51
1/2 Maple Leaf	0.5	453.57	N/A	#VALUE!
1/4 Maple Leaf	0.25	227.33	N/A	#VALUE!
1/10 ML	0.1	91.36	N/A	#VALUE!
Mex 50 peso	1.2057	1,044.05	1,053.89	874.09
SILVER	Fine Tr.Oz.	BID	ASK	$/oz.
SilverDollarBags	0.765	16,500	18,500	24.18
90%SlvrCoinBags	0.715	9,881	10,418	14.57
US 40% silver 1/2s	0.295	3,266	3,441	11.66
100 oz..999 bar	100	1,232	N/A	#VALUE!
10 oz. .999 bar	10	123.20	N/A	#VALUE!
1 oz .999 rnd.	1	12.32	13.92	13.92
Am.Egl, 200oz. Min.	1	15.57	N/A	#VALUE!
PLATINUM	Fine Tr.Oz.	BID	ASK	$/oz.
Plat. Am. Eagle	1	968	N/A	#VALUE!
The Moneychanger
PO Box 178, Westpoint, Tennessee 38486
(888)218-9226; (931)766-6066; fax (931)766-1128
www.the-moneychanger.com
franklin@the-moneychanger.com
This is not an offer to buy or sell.  Prices subject to change without notice. To enter
an order, call us at (888) 218-9226 or (931) 766-6066.Sorry, no sales to Tennessee.
While we are on the telephone, I will lock in a price and give you a contract
number.  That contract obliges me to sell and you to buy at that locked-in price,
regardless what later happens in the market.  If you buy when gold stands at $300
an ounce, whether it soars to $1,000 or drops to $100, you still bought it at the
price we fixed.  If you sell when silver stands at $5.00, you still sold and I still bought
at that price whether silver rockets to the moon or it gets so cheap they start
paying people to haul it off in trucks like sand.
In other words, when you make a contract with us, I am giving you my word, and you
are giving me your word, that we will faithfully complete the contract.  Just as when
you buy stocks or bonds, we cannot change or cancel the order once entered.
After you enter your order, you need to send us payment within forty-eight (48)
hours by personal check, United States Post Office (only) money order, or bank
wire.  If you send a check (whether cashier's check, bank check, bank money
order or your personal check) we will hold shipment for fourteen (14) days to allow
the check to clear.  Generally you will receive your order (shipped registered mail
or UPS) within  three to four weeks from order entry.
Against bank wires we ship immediately upon receipt.