Gold is inverse the USD, as a rule, but it seems gold is holding on. The ABC up seems to point to 2700/oz as possible. On the other hand,
the Dollar has been in the 89 area. If that level is reached again, gold will have great pressure (or become a better buy). Seems obvious
that gold is being pushed toward a monetary role. Sooner than later. Hulbert's comments are interesting, but his record on gold is
hardly better than the board.
Others are saying 1620 is a buy (Larry Pesavento).
Edited by Islander, 15 July 2012 - 12:59 PM.
