Replies to post #267587 on Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

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?

[Newly2b]

Very interesting, jeddyi. I have read several gold articles recently that espouse the same theory -- gold will not have a true break out until the price begins to move up in terms of currencies other than the USD. I'm still waiting eagerly . . .

N2B