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September 17th, 2009 • Related • Filed Under
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In Gold We Trust
The gold rush was on yesterday, with prices surging to $1020/oz as the USD weakened to its lowest levels in over a year, the DXY skimming 76.15. This coupled with higher than expected CPI readings in the Eurozone propelled EURUSD to its highest levels since Dec ’08 at 1.4737. Continued digression from safe-haven USD positions also precipitated new highs for AUD (0.8750) and NZD… |
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Dollar Doom — Monthly Chart
(Red Hot Energy and Gold - Global..., 9/16/09)
Dollar headed for collapse?
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(Shocked Investor, 9/16/09)
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