inflation fears set in, gold was up despite $ , page-3

  1. 374 Posts.
    My feeling is that the currency markets are already pricing in the Fed raising rates in the second half of 2010. Will the Fed call call the markets bluff and delay as long as possible?

    Furthermore it appears that funds are winding down positions in gold and other assets prior to end of the US financial year which is 31-12-09 hence the rally in the US dollar.

    Does anyone else have a view?

    I have been a buyer if gold on this dip under $1100.
 
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