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发表于 2010-7-1 03:24 PM
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Recent surge of Gold is about the crisis of Euro debt crisis. Now the european debt crisis is relieved somewhat for some period. Gold topped consequently accordingly. As there is an expectation of FED QE II, and USA economic data don't look so strong as expected, EURO gets lifted accordingly. How high EURO will get lifted is still a question though.
Depending on how much and how long USD depreciates against EURO, GOLD might not change the theme/reason for uptrend so soon. If we see USD depreciates against EURO first, later GOLD resumes its uptrend, and all other material should follow as well, it will be a clear sign that GOLD in 2010 is not the oil in 2008 for sure. All these may not happen so soon... |
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