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Message: Gold on a tear today

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Re: Gold on a tear today

posted on Feb 23, 09 04:23AM

I remain perplexed with regards to gold prices. I am not going to delve into why gold should rise in these times, but rather to the reasons why Gold will outperform this year possibly setting another high.

And contrary to Roubini and others, I don't think the green back has much to do with it; rather foreign currencies which are tied to exporting economies.

That being said, all of the fundamentals of what is currently occurring points to a higher gold price in the future.

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