"Jobless claims were anticipated lower to confirm Decembers US economic recovery enthusiasm, but went the other direction today. This is another wound in the assumption that started your dollar rally in December.
Other reasons given for the general decline in commodities was fear that world demand for raw material will subside. As usual the West assumes it is the engine of world demand for everything.
The West is not anymore."
Jim Sinclair at
http://jsmineset.com/2010/02/04/golds-pick-pockets-continue-to-prosper-2/
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