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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: axial who wrote (17415)	2/6/2009 8:34:30 PM
From: Real Man	Respond to of 71454

Yes, you are very right. Note that while commodities were an aberration and are normally driven by supply and demand, gold is a totally different animal, since it's a monetary metal. Gold bull market is normally driven by scared nellies and hoarders. In particular, currency crashes in Europe and around the globe certainly helped gold, so it rose with the dollar. First hedge funds paper liquidations drove it lower, then scared nellies drove it higher. If the crisis passes, gold could now fall with the dollar, then rise on rising inflation expectations.