GOLD 0.51% $1,391.7 gold futures

what effect does this have on gold, page-3

  1. 5,184 Posts.
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    Short term there's a distinct possibility gold will pull back. Long term there's no way the US currency will survive a major decline - we haven't seen the worst of it. This means gold in US$ terms is nowhere near the peak yet. As for our currency, it depends if we remain tied to the US a lot or not. So, I'd be placing a reasonable percentage in gold.
 
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