US spending on energy will help GOLDBecause of the energy crisis in the USA, a lot of US dollar will be used to purchase foreign energy. This outflow of funds from the US along with their current low interest rate should put pressure on the US dollar. Once foreign investors realise that the US$ is declining, GOLD will again become interesting.
The gold sector has been held down for many years by a herd of shorters, once this elastic is released WATCH OUT.
GO FRANCO-NEVADA GOLD