Quote:
Originally Posted by AltonKelsey
Nice to see GOLD, well touted here, still a store of value and good in a crisis
must be all those Turks buying
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Yep. Gold is down $16 or so as I type this.
And it probably will head even lower in the coming weeks as China, other Third World countries and EU currency all cratering as well.
These events strengthens the US dollar, which is the driving catalyst to lower gold prices in the future.
As least that is how I see it.