TSX:LSG.DB - Post by User
Post by
lornon May 09, 2012 9:45am
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Post# 19888803
Re. Gold price...
Re. Gold price... 2 Days ago France and Greece voted socialist/ communist and there was a rush to the imagined safety of the US dollar. Dollar value up...Gold price down in terms of US dollar.
US has a debt owing to other countries of 15 trillion dollars and this is viewed as safety. No where else to turn except gold and central bankers will do everything they can to prevent this from happening.
US Dollar Value index
https://www.goldseek.com/quotes/charts/usdollar/usdollarindex24hour.php
Gold Price
https://goldprice.org/