US$ /gold In us$ gold has gone down as the US$ goes up but if you look at other countries in thier own currencies gold has held up very well in a lot of cases actually are near or at highs
The USA being an importer of goods more than an exporter of goods a high US$ helps them reduce thier inflation by buying with inflated dollars against other countries deflated currencies therefore exporting thier inflation to other countries
This pain they are causing other countries will soon start to strain relationships may even tip other countries into recession some have argueably are already
The high interest rate high dollar policy of the USA is a dangerous game this administration is playing in these uncertain troubled times
It cannot go on forever and I do think we are getting closer to the end than we are at the beginning
when this policy reverses so will gold so will gold stocks
this is the time to be buying the lows not selling into them I for one will be buying these lows