The dollar may be the reason of the falling prices of Gold and Silver by

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The dollar may be the reason of the falling prices of Gold and Silver

Published : December 21st, 2011

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ForexPros.com, in its December 19, 2011 article, reports that The dollar may be the reason of the falling prices of Gold and Silver.

Extract :

Keywords : Dollar Index |

Are the gold bubble prognosticators right? Is the run in gold and silver over as they fall to a three month low? Nothing could be further from the truth. The reason gold and silver prices have fallen of late is because, as I have been saying, the Dollar Index is rising. This is a 40 year pattern that was last repeated in 2008 when the Dollar Index broke above the 80 mark. Yesterday, the Dollar Index broke above the 80 mark again.

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