Apr 5, 2008

Prices of Gold and Silver Set to Rise!

Prices of Gold and Silver Set to Rise!
by Julian D. W. Phillips

The focus in the gold market has always been on the $ price of gold and yet we have ample evidence of why we should not price gold in the US$, just as the oil price should not be priced in the US$. The fall of the $ has clouded the state of the global economy, its monetary system, as well as most of its markets. The gold and silver price has moved fairly closely with the € in the opposite direction to the $. But should it be attached so faithfully to the €?
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