FinancialAdvisor's College Class (FACC)

[FinancialAdvisor]

***$GOLD*** is currently up vs. all fiat currencies, I noticed hints of this potential trend early early Monday morning in #msg-6140580 - We may be opening up a new era on $GOLD, it now seems as if it rising on its own this morning, it's up vs. ALL paper currencies despite the U.S. dollar being green...

Here's the breakdown here at 8 AM...

USD Index = +.12 @ 83.91
Spot $GOLD = +2.60 @ $436.60

Intraday $GOLD vs. the various paper currencies (courtesy of kitco)
+.60% US Dollar
+.60% Australian Dollar
+.60% Brazilian Real
+.86% Canadian Dollar
+.60% Chinese Yuan
+.58% Euro
+.46% Indian Rupee
+.90% Japanese Yen
+.56% Mexican Pesos
+.64% Russian Ruble
+1.13% S.African Rand
+.54% Swiss Franc


...The kicker here is $GOLD's strength vs. the Rand. $GOLD bulls like to see this because South Africa is the nation of the world engulfed with the most of the precious metal. Those who believe $GOLD is real currency might consider South Africa the richest nation on the globe... Also as people realize the inadequate alternative of the Euro vs. the dollar, and as people lose general faith in the U.S. Dollar, more will move towards gold, a hard substance that U.S. bankers and maybe even the alchemists they've hired have been unable to manufacture... the $GOLD printing presses consist of a miner and a pitchfork... not a printing press and paper...

To confirm today's move thus far, we will watch the gold stocks today, we will also witness if we see any divergences in perhaps the market vs. the $GOLD stocks today...