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Re: XAU Gold $1,306.24 oz today in CDN dollars eom
Gold has made a few higher cups & handles in CAD. It should hit a new high relative to CAD in the next couple weeks.
The plot: deflation worries cause an intended inflationary QE2 in the US, and gold benefits.
Also funny to see the spike in silver today, on a day when copper's own and not looking so good. Maybe people are considering silver more as a monetary metal instead of an industrial?
