Gold/Mining/Energy : Gold & Gold Stock Analysis


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From: Tommaso3/23/2012 11:03:20 AM
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I hadn't realized how simple the explanation is for gold's performance--or just forgot.

My understanding is that this largely reflects the dollar/euro relationship, so should the euro stengthen, the dollar price of gold should rise. Sooner or later, though, gold will gain traction against all world fiat currencies. I see no sign yet of much interest in owning gold inside the United States.

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