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Gold Rises for Sixth Straight Session on Bets Dollar to Drop
Nov 20th, 2009 13:18 by News

Nov. 20 (Bloomberg) —

“People are still buying gold because they think the dollar hasn’t been broken yet,” said Marty McNeill, a trader at R.F. Lafferty Inc. in New York. “If the dollar rallies, it’s an excuse to sell for profit. Any dip in prices is a buying opportunity.”

[However...] “The gold price should not fear a new long-term uptrend in the dollar,” Deutsche Bank said. “In periods of risk aversion which lead to a strengthening dollar and strong inflows into gold ETFs, the strong correlation may start to fade.”

[source]

Gold’s Bull Run Is Only Beginning
Nov 20th, 2009 09:36 by News
USAGOLD MarketMinute podcast is posted
Nov 20th, 2009 09:34 by PG
US gold drops on dollar rise, sentiment strong
Nov 20th, 2009 09:03 by News
THURSDAY Market Excerpts
Nov 19th, 2009 15:59 by Daily Market Report
Hedge Funds
Nov 19th, 2009 15:34 by PG
Quantitative Easing Operations
Nov 19th, 2009 13:45 by News
The RBI’s tiny pot of gold
Nov 19th, 2009 13:15 by RS
Russia to sell 30 tonnes of gold to central bank
Nov 19th, 2009 12:16 by RS
Gold Is Not Just An Inflation Hedge
Nov 19th, 2009 11:31 by News
Stocks follow overseas markets lower, dollar rises
Nov 19th, 2009 08:16 by News
Gold Rush to Prevail on Demand, Low Rates, Weak Dollar
Nov 18th, 2009 22:04 by News
WEDNESDAY Market Excerpts
Nov 18th, 2009 15:15 by Daily Market Report
Wrap Your Head Around Gold
Nov 18th, 2009 15:11 by News
Gold set to extend record high
Nov 18th, 2009 14:15 by News
$2,400 Gold
Nov 18th, 2009 10:42 by News
Patterns Suggest Gold Will Keep Climbing
Nov 18th, 2009 10:06 by News
SoGen: India’s bullion buy starts gold bull-run
Nov 18th, 2009 09:51 by News
USAGOLD MarketMinute podcast is posted
Nov 18th, 2009 09:44 by PG
Gold climbs past $1,150
Nov 18th, 2009 08:28 by News
Gold hits new record but falls back to $1,140
Nov 17th, 2009 23:22 by News
World ‘can no longer rely on dollar’
Nov 17th, 2009 23:04 by RS
Warnings on gold stocks
Nov 17th, 2009 22:19 by RS
On IMF gold sales. . .
Nov 17th, 2009 18:34 by RS
TUESDAY Market Excerpts
Nov 17th, 2009 14:24 by Daily Market Report
Quantitative Easing Operations
Nov 17th, 2009 11:48 by News
USAGOLD MarketMinute podcast is posted
Nov 17th, 2009 11:09 by PG
Gold Investors Should Switch from Equities to Bullion, says Barings
Nov 17th, 2009 09:31 by RS
HEADLINE: Gold continues its advance
Nov 17th, 2009 08:57 by RS
South African Gold On Final Deathwatch
Nov 17th, 2009 08:44 by RS


Author key: MK - Michael J. Kosares; GC - George Cooper; PG - Peter A. Grant; JK - Jonathan Kosares; RS - Randal Strauss; JL - Jeffrey Lee. [see also 10 yrs of Discussion Archives]


The opinions posted by all guests at this forum are expressly their own and do not necessarily represent the views of the management or staff of USAGOLD - Centennial Precious Metals. The hosting of this forum shall therefore not be construed as equivalent to endorsement by USAGOLD - Centennial Precious Metals of any of the opinions posted here.


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