Re: US dollars sell off begins, gold rises

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Laphroigh

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Re: US dollars sell off begins, gold rises

in response to

US dollars sell off begins, gold rises

glorieux

posted on Sep 15, 2008 04:42AM

But it looks like the tables has turned. USD is getting stronger over the day and gold unfortunatly getting weaker. Gold is, at the moment, almost back to its starting level of the day. Silver is now trading o couple of percents down. If the usual trading will accour today, gold will get beaten up when tje US trade starts.

But it is nice to se that gold has, at least in the latest week or so, decoupled a little from the oliprice, which is down over 5% today.

Lets hope the gold juniors already had their beating and thus will not follow the general market today.