Tuesday, September 6, 2016

Gold bullish in both Dollar and Euro terms

Where could Gold go ?

In dollar terms, perhaps quietly higher, with the operative word here being ‘quietly'.

In EUR terms, however, I am quite bullish for the European monetary authorities have no choice but to err expansionarily while the monetary authorities here in the States are soon going to err constrictively… leading to higher gold/EUR prices but merely steady gold/dollar prices