Jim Picerno of The Capital Spectator addresses the relationship between the Dollar and Gold, in THE COMFORTING AURA OF GOLD.
Note that the quote he pulled from yesterday’s comment’s Currency and Pre-announcements and Oil – Oh My! appears somewhat Bearish, that’s more of a short term concern. I’m more Bullish intermediate term; longer term, I fear we may be rangebound for a few years.
Barry,
FYI the link to Capital Spectator doesn’t work.
Fixied it — thanks Rob!