us dollar##oil ##gold

  1. 24,765 Posts.
    Worth noting the US dollar on the crossroads is 88.93, down 0.29. A drop below 87 for those who pay attention to charts is very bearish for the US dollar.

    Oil is trading solidly at $41.52.

    It's looking bullish for gold. The lower gold is artificially kept in the current economic climate, the better value it is for those who buy the physical - eg. India, China, Middle East etc. etc.

    Ultimately the gold physical market will lead the gold paper market, not the other way around. That is why the price is going to explode.
 
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