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Thursday, September 22, 2011

Captial Is Flowing Into Gold

Capital flows set the direction of secular trends. Linear up trends have been broken to the upside in many if not all global currencies. In other words, capital is flowing in gold at increasing rates across the globe. This is something to remember when the short-term orientated media likely characterizes today's action as a gold "pounding".

USD Gold


Euro Gold


Swiss Franc Gold


Yen Gold


Loonie (C$) Gold


Kiwi (A$) Gold


Real Gold

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