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Gold Futures Post New Records

NEW YORK (MarketWatch) — Gold futures surged to record highs above $1,090 an ounce Wednesday as the dollar sold off and buyers piled onto the precious metal’s recent rise amid bets the Federal Reserve would maintain its ultraloose monetary policy.

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Rodney Dollarfield Doesn’t Need Respect

The U.S. dollar is doing a fair impression of the late Rodney Dangerfield – it gets no respect. But the buck doesn’t need respect to rally hard in the wake of a major squeeze…

A reader writes,

I never thought that you “confused the natures of Planet Real and Planet Paper.” You have always seemed positive that the King does not wear clothes, despite the calls for their [existence]. Mister Market is….

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Is the Dollar Finally Turning the Corner?

The dollar bulls’ chicken dance is about to come to a crashing end.

For the past few days, the dollar bulls have been all full of “P&V” (a technical term I learned from my Irish granddad). We’re talking chicken dances here. I think we even saw a bunch of traders down in the CME pits doing the wave.

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Paul Tudor Jones on Gold

Market Folly (via SeekingAlpha) breaks down the recent client letter from Paul Tudor Jones. He is bullish on Gold and believes it is undervalued.

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Seasonal Pivot Low for Gold?

Below are some charts showing my analysis on gold, silver, oil, natural gas and the S&P 500 index along with a seasonality chart proving that……..

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Is Gold the Next Bubble?

The price spike in gold has all the hallmarks of a bubble, says Graham Bentley of Skandia UK

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Gold to Rise to $2000 Amid Massive Inflation

Gold may rise to a record $2,000 an ounce in the next three years as investors hedge against “massive” inflation sparked by governments printing money, according to Superfund Financial Singapore Pte’s Aaron Smith.

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