GOLD 0.51% $1,391.7 gold futures

even "allocated" gold may not be safe, page-26

  1. 5,261 Posts.
    lightbulb Created with Sketch. 145
    timber1956

    $11 trillion simulus to increase the gold price by $800.


    It would take $500 billion stimulus to raise the gold price
    by 35 usd oz. Its not going to happen.

    Usd dropped 25% agaisnt china.

    Relationship between USD and gold price.

    You will make a loss as USD rise and make a foreign exchange loss from fall in the gold price in your currency.
    Which will result in a sell off.

    http://symmetricinfo.org/2011/03/what-is-the-relationship-between-the-us-dollar-and-gold-prices/
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.