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QE Fabricated Strength Of US Dollar Hides Surge In Gold Price
Friday, November 23, 2012 23:20
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The price of gold is rising…but not nearly as fast as it really is. The monthly liquidity injections from the latest round of QE have brought apparent strength to the US Dollar with respect to other currencies worldwide. The artificial increase in exchange power being realized by the US dollar is having a masking effect over how fast the price of gold is rising, as compared to when the precious metal is denominated in all other currencies. The following article from Mineweb.com illustrates the effect of an artificially strong US Dollar and it’s power to hide surges in precious metals prices. Click here to view article.
2012-11-23 23:04:31
Source: http://www.wholesalegoldgroup.com/fabricated-strength-in-dollar-hides-surge-in-gold-price
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