Global Currency Crisis & Gold – What’s Really Going to Happen in 2011 – 2012

Following on from the first 2 parts in this series: Whats really going to happen in 2010 Whats going to happen in 2010/2011 – part II Another great writer and analyst makes it into our categories section, Bob Chapman of Global research with a seminal must read piece outlining the road ahead towards a new [...]

Gold Hits New Highs – Dollar @ 14 Month Lows

by admin on 09/11/2009

The Dollar fell to new lows on the Dollar Index (cross currency) this morning, briefly dipping below the 75 mark..

Low   74.977 – 2009-11-09 – 08:22:26 US Eastern Time

75 on the Dollar Index is highly significant as it is the point that many analysts have added provisos to their forecasts, saying..

“If USD Dollar index goes below 75…  ...All bets are off..”

Whilst at almost precisely the same time Gold momentarily breached $1110 per Oz trading at $1111.70..

It’s going to be an interesting day ;)

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