Very interesting observation. I wonder what he thinks of the Dollar Euro relationship in the next year or so. With the major Euro economies (France/Germany), still mired in molasses, and both countries violating the Euro budget deficits dicti, is it possible that the dollar will get some strength back against the Euro and challenge to $1.12/Euro range or even parity longer term? If that were to happen, could gold revisit the $350/ounce area?
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