10.9.07
So long as the Feds believe that liquidity is the answer and are prepared to pump more money into the financial system then we can only see further weakening of the Dollar and further strengthening of gold. As investors begin to realize that gold not only offers a safe haven for their wealth it is also offering attractive returns as demonstrated by Fridays close of $700.10/oz.
http://biz.yahoo.com/seekingalpha/070910/46792_id.html?.v=1
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