GOLD
Click for more information
0.51% $1,391.7 gold futures

swiss peg frac to euro

  1. Lastword
    428 Posts.
    clock Created with Sketch.
    06/09/11
    20:04
    Post #: 8924325
    http://www.bloomberg.com/news/2011-09-06/asian-stocks-euro-drop-as-treasury-yield-falls-to-record-on-europe-crisis.html

    Denis Gartman seems to think this will lead to a flight to the USD. He was just interviewed on CNBC and said he felt this was a negative for POG.

    I think this just removes a rival safe haven trade and will lead to even more interest in gold.

    Any thoughts?
    Value at posting: $0.00
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

TLX Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug
right-arrow Created with Sketch.
GED Golden Deeps eyes prospective Cu-Au tenements in NSW with HOA
right-arrow Created with Sketch.
TX3 Canadian fieldwork yields multiple pegmatites for Trinex
right-arrow Created with Sketch.
IMM Immutep reports strong response rate from immunotherapies treating carcinomas
right-arrow Created with Sketch.
NEWS Hillcrest Energy Unveils Power Factor Correction Prototype to Meet Growing Demand
right-arrow Created with Sketch.
OBM Ora Banda sees FY26 gold output jumping to 150Koz/pa following key approval for Sand King
right-arrow Created with Sketch.
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.