The Gold Prices Newsletter

US Dollar Rally Losing Momentum Posted: 01 Dec 2008 08:12 PM CST As the chart below shows, the US dollar has enjoyed a terrific rally in recent months, rising from 72 to 88 on its index. This has been the result of, not so much a flow into the dollar, but a flow out of most other currencies, and the unwinding of large leveraged USD short positions together with the unwinding of stock positions bought on margin (more…) Related on Gold Prices: GOLD: Inverse movement to the US$ or a breakout? Gold: Hanging by a Point! Minor Bear Market Rally For Greenback? Gold: The Latest Headlines Gold Prices and Gold Stocks Correcting Also See: Uranium Stocks news and information on profiting from uranium stocks, future outlook for uranium prices and more Silver Prices for silver news and reports with real time silver prices and charts

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