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The uptrend in Gold is gaining momentum in every currency around the world except the USD. Today Gold topped the 1,000 Euro mark for the first time in 18 months. Many important currencies like Euro,Yen,AUD,TRY,BRL,etc are not that far from their ATH and in many cases 2014 has been the year where the ATH set new records in local currencies, like Russia, Ukraine, Argentinia, Venezuela.
But the real price appreciation will start once POG starts rising in USD, which is just a question of time given the huge pile of debt and the staggering deficit of the US government.
