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RE: Bullish Sign For Gold For First Time in Five Years.
If one looks at the gold price in euros there is no price increase. This price movement is just a matter of dollar weakness, not gold strength imho. This happens all the time, there is the gaming of pm pricing using dollars and euro movements. It looks like there is a price movement but in fact it is either dollar strength or dollar weakness. This is deliberate so as to continuously frustrate the pm purchasers