Gold/Euro

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Gold Shows Increasing Relative Strength Amid US$ Strength

The current trendy reason for the mainstream to dislike Gold is strength in the US Dollar. On the surface it makes quite a bit of sense. Gold is priced in dollars. Dollar strength automatically pressures the Gold price. However, this popular view reveals a total lack of introspection. Since the end of 2013 Gold is … Continue reading

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Gold Holds Support, Ready for Breakout in US$ and Euro Terms

While the financial media pronounced the end of the Commodities bull and the end of the Gold trade, the market didn’t listen. The financial media apparently forgot that there is no solution to the coming global sovereign debt crisis. Perhaps they just thought there wasn’t a crisis? Speculation aside, sovereign debt concerns are growing in … Continue reading

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Et Tu, Spain? Et Al…

The G7, inexplicably, announced that member finance ministers would convene for a conference call this afternoon.  No other details emerged, but this seemed a bit unusual on the heels of the most recent G20 meeting a couple weeks ago.  The Wall Street Journal reports that:  “News of the conference call comes amid speculation that Spain … Continue reading

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NFTRH86 Excerpt – Currency

Here is the ‘Wrap Up’ segment from the 15 page NFTRH86, which went in depth on a range of relevant issues currently facing financial markets: Currency Euro hype to the upside was expressed for years by touts who had presented a picture that it was just the big, bad USA alone that had major problems. … Continue reading

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European Gold Bull Party

As the Euro makes a panic spike down, Gold priced in Euros is ramping higher, acting as a perfect currency hedge and a much better one than the stock market. Here’s a 6 month chart of Gold priced in Euros thru today’s close (chart courtesy of goldprice.org): Meanwhile, the European stock markets (using the Dow … Continue reading

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IMF Doubles Inflation Target!

I grew up in Germany, a country that went through hyperinflation twice during the 20th Century. Maybe that’s the reason I learned inflation is bad and inflationary policies are diabolic….

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