Friday, September 3, 2010

Gold Rockets Towards $1175/oz

Gold is defying gravity and continues its incredible run despite fluctuations in the EUR/USD and AUD/USD. Gold continues to have a mind of its own and is rising rapidly regardless of comparatively limited participation from the precious metal’s usual correlative forces. Hence, there are clearly alternative forces driving gold higher. Ultimately, it seems that the Fed’s dovish monetary policy combined with mounting U.S.
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