Friday, June 26, 2009

The Gold and The Dollar Charts

S&P 500 , dollar loses to the Swiss frank , Gold at 930 level could reach the $1000 an ounce if the dollar keeps on being weak , Gold could easily reach $1200 an ounce and up...The American dollar is coming into a period of weakness, according to Chris Locke, managing director of Management. “Cracks are starting to show,” he told CNBC, referring to the price of dollar/yen and the dollar/Swiss franc, which he said could drop to the even $1.00 level.

No comments:

Post a Comment