"Porky" (The Dollar Index) Charges Back

``Regardless of the long-term trend, a move toward 88 on the POSX is going to keep paper metal under some serious pressure. Brainless computers and money managers will only see the "rallying dollar" and use it as rationale to sell metal. What does this mean? In all likelihood, there's a pretty good chance I'm going to have to eat that hat after all. Ugh. Gold looks almost certain to retest the lows of April 15-16 near $1320.... depending upon where you measure it, gold would then be very close to a perfect, 38.2% retracement of its bull market.''