Yea, but you can do the same for Yen. While gold hasn't broken out yet in Euro terms in Yen terms it's keeping pace with the Dollar.
Silver has been acting well as have other base metals during this move. Looks like a solid move to me. It's surprising how many have ignored the best performing sector for 3 years running.
That said many of the gold plays are getting expensive so I've been selling into strength and rotating into big cap laggards such as KGC for liquidity.
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