Although Golds nominal price isn't going up much right now (it will though) the US$ is going down. This trend is in and it isn't going away. Rate rises, supposed QE tightening aka balance sheet reductions should raise the strength of US$ not reduce it...
Targets still US$1370-75 short term and quickly to US$1425 thereafter. This is going to move soon.
US$ is in an elevator that is going down, albeit slowly for now...
Enjoy...
JFI
gold, page-36640
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