SAR 0.00% $4.69 saracen mineral holdings limited

what is really happening to gold?

  1. 4,486 Posts.
    There is one reason alone for the gold market smash.

    It was done to try to uphold a failing US Dollar

    The pressure is on for the US$ to fail again
    Whether its from QE that is not going to stop
    Or from a another downgrade of its debt
    Or something completely out of left field I don't know

    But the reason nothing makes sense right now is simply the fact the info we're being fead id b/s

    The US economy is NOT improving
    A 70% consumer driven economy does not improve when that
    consumer is unemployed in rising numbers

    Watch this video, the USD and Gold a linked inversely
    Have been and still are today

    The USD continues downward against other currencies in the world and that trend is not changing regardless of the b/s for the media.

    So what do you now think?
    http://symmetricinfo.org/2011/03/what-is-the-relationship-between-the-us-dollar-and-gold-prices
 
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