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GOLD ENTERING A VIRTUOUS CIRCLE

7 September 2010
GOLD ENTERING A VIRTUOUS CIRCLE Fundamental and technical factors for gold are now in total harmony and gold is entering a virtuous circle that will drive the price up at its fastest pace since this bull market started in 1999. It is a fact that gold in US dollars (and many other currencies) has gone up 400% in eleven years or 16% per annum annualised. It is a fact that the US dollar has declined 80% in value against gold since 1999. It is a fact that the dollar and most other (...)


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