timber1956 $11 trillion simulus to increase the gold price by...

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/