Originally Posted by
JBmurc
Not long ago India brought 400ton of the IMF they traded their USD for GOLD
I believe the USD could well stay strong an in turn push the GOLD price lower which once it's below 1040 watch China,India,Arabs etc in turn come looking to exchange their USD for GOLD bullion
this will be yet another nail in the coffin of a strong USD
like I said to you SKOL gold will be higher come year end from now yet it may fall in the short term ,as long as the US FED prints free money an the US DEPT grows trillions per Qtr Gold the world's other world currency will be sort after....