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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (107337)	1/25/2018 10:42:59 AM
From: Cogito Ergo Sum	2 Recommendations Recommended By roguedolphin The Ox Read Replies (1) \| Respond to of 116764

Debasing currency is always robbing Peter to pay Paul in the global village ... I am surprised traders seem to be selling gold in lockstep with the USD decline

To: The Ox who wrote (107337)	1/25/2018 11:26:32 AM
From: Rarebird	Read Replies (1) \| Respond to of 116764

I don't consider taking some of one's money out of the US and diversifying one's portfolio overseas to be a negative for the country. And that's what investors are doing to enhance returns. It's not like investors are shunning the US altogether. Also, China has explicitly said that they are going to cut back and sell some US treasuries. I suppose they are buying Gold instead -g- Inflation erodes the value of the currency and that is the explicit purpose of the Trump Presidency. The Trump team wants higher prices, higher wages, higher stock prices.