GOLD
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0.51% $1,391.7 gold futures

pog, aud & qe.

  1. suanna
    243 Posts.
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    09/05/09
    14:02
    Post #: 5114721
    To any currency trader types.

    Most commodity currencies fell against POG in USD.

    If These commodity based currencies ( governments ) don`t engage in QE,they wll strenghten against the USD.

    But will they continue to decline as regards the gold price ?

    Or is, what we are seeing, a simple matter of commodity based currencies that have not YET engaged in QE doing better in relation to the USD and others that are buying there own debt. ?
    Value at posting: $0.00
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    lightbulb Created with Sketch.  Great analysis
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