Loading ...The media always comes up with mostly wrong various reasons or excuses why, when prices trend up or down.
My view briefly is TPTB always manipulate global currency values, and decided on Dec 3rd to lower the Dollar and raise the Euro and Yen etc, to start helping the US economy instead.
They had started the dollar HIGHER and Euro Yen LOWER in June 2014, to help Europe’s and Japan’s etc economies, and reversed it all on Dec 3rd because the US economy is starting to collapse from the dollar being too high for too long.
“Gold’s Fundamentals and Technicals Look Better and Better”
http://stealthflation.org/2016/02/09/golds-fundamentals-and-technicals-look-better-and-better/
Gold bulls keep smiling — metal price pushes past $1,200 mark
Gold bulls keep smiling — metal price pushes past $1,200 mark
PRECIOUS-Gold price surges to highest level since June as share prices slide
http://www.reuters.com/article/global-precious-idUSL2N15N1K9