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Strategies & Market Trends : The coming US dollar crisis
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To: ggersh who wrote (22539)9/4/2009 2:24:43 PM
From: GST6 Recommendations  Read Replies (1) of 71479
 
Gold is not signalling an economic rebound, it is signalling the breaking point of the buck in a slow and most likely stagnant at best economy for the medium term future. Commodities more broadly would rally on economic growth -- that is not the driver of the rally in gold. As the buck breaks down in relation to gold, other commodities will likely follow with a lag -- but this could be a rather long lag.
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