GOLD 0.51% $1,391.7 gold futures

BH can someone explain how gold is supposed to go up when the...

  1. 1,088 Posts.
    BH can someone explain how gold is supposed to go up when the EURO keeps getting this negative economic news. at this rate we will see 1.40 which will see gold at $760.

    does anyone have any bullish news on gold as a currency than a commodity? what kind of news are we needing to get the $US fall more against the euro when the US reports badly. they seem to hold up wheras the Euro is collapsing on thier news

    market seems to have priced in US bad news and now is focusing on europe being much worse considering the unwinding of it's currency.

    anybody care to see foreward and state if a turn around is imminent. i'ts a little concerning that we may need a last new bottom.

    so many calls for $1000 gold but at the same time 1.40 EU/USD.

    which is it gonna be? you cant have it both ways unless thier is a decoupling. can this happen?
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.