Recent $USD strength and $Gold weakness, Wed., Mar. 22, 2006, 6:04 AM at 2006-03-22 12:07:10
Spot Gold is down about $5.40 (-1.0 pct) as at 6:00am ET this morning. As the Gold price is pushed down, the $USD index has moved up over the past five days as shown in these charts.
I believe that precious metals including Gold are to be favored. Nothing new there.
Later this year, I believe there will be a Dollar Crisis caused by the inability of the U.S. Treasury to finance the debts of government. Nothing new there either.
USD:Euro chart

Spot GOLD chart

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