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Thursday, December 18, 2008

The Gold Prices Newsletter

The Gold Prices Newsletter

US Dollar Penetrates long term support of ‘80’

Posted: 17 Dec 2008 09:41 PM CST

US Dollar Chart 18dec08
Charts courtesy of StockCharts.com.

As we can see from the above chart the US Dollar has fallen in dramatic fashion from a high of 88 to close today at 78.52 registering a fall of 10.77% in less than a month. This is something we have suggested would happen despite all the dollar bulls proffering a sustained rally in the US Dollar (more…)

Related on Gold Prices:
Gold Prices Surge – Breaking Downtrend
US Dollar Rally Falters: Good For Gold Prices
Gold and The US Dollar: Too Close To Call
Gold: Short Term Uptrend Being Formed
Correction Fully Underway, Buying Opportunity Approaching

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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