Apr 102011
If you are wondering why Gold has did so well last week, look no further than the plunge in the dollar:
The above chart represents the last three days of last week, April 6 through April 8.
While the above does not qualify as a “collapse” in the sense that I believe we will have, it is certainly not good. It reflects the continuing lack of faith in the US dollar, Quantitative Easing and our fiscal non-actions.
