LA TIMES: Dump the dollar, buy the euro, sell gold

In a volatile session for financial markets as the second half of the year begins, currency traders are dumping the dollar in favor of the euro Thursday.
And the euro’s sudden strength is hammering gold, one of the big investment winners of the first half.

Don't know how to do snippets sorry

LA Times Article

reply to post by Bonified Ween


He's speaking to short term day traders.

It looks like he agrees that gold is king in anything longer term.

Ultimately, we will all be transacting in gold again when the final blow out of the dollar occurs.

Originally posted by mnemeth1
reply to post by Bonified Ween

 

He's speaking to short term day traders.

It looks like he agrees that gold is king in anything longer term.

Ultimately, we will all be transacting in gold again when the final blow out of the dollar occurs.

Don't forget your silver

It is the poor man's gold!