GOLD 0.51% $1,391.7 gold futures

A41, I didn't dismiss your view, I just didn't agree with it &...

  1. 4,485 Posts.
    A41, I didn't dismiss your view, I just didn't agree with it & that's what's this forum is about. You seem to get very sensitive if someone has a counter view to yours.
    The fact is gold is no lower in percentage terms than currencies, otherwise it would be lower in in currency gold like AUD & EUR gold, but its not.
    So that suggests to me that all that is happening is a strengthening dollar.
    Every time gold falls, it doesn't mean there is anything sinister going on. Sometimes it will fall & sometimes it will rally. Everything is falling against the dollar, oil, currencies & of course gold. That may change, but I suspect this flow back to USD has some time to run.
    I'm not sure what you mean by banker speak, its not like I was using any particular financial jargon.
 
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