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<p>[QUOTE="Yankee, post: 687166, member: 18618"]<font face="Arial">The gold price stands to benefit from the issues that afflict the U.S. dollar, the euro, euro, and the yen, along with the rest of the world's currencies. While the correlation between the gold price and the U.S. dollar/euro /euro cross and other broad-based indices such as the Dollar Index (DXY) remain fairly high, a flight from other fiat currencies has the possibility of driving fund flows to the gold price and gold-related investments. The best monthly performance for the gold price over the last 35 years has occurred in September, which has shown a mean percentage gain of 2%. The question of timing Buffet's warning on the state of America's balance sheet is unknown, however, if seasonality hold true to form, the gold price and gold mining equities could be poised for a strong move over the balance of the year </font>[/QUOTE]</p><p><br /></p>
[QUOTE="Yankee, post: 687166, member: 18618"][FONT=Arial]The gold price stands to benefit from the issues that afflict the U.S. dollar, the euro, euro, and the yen, along with the rest of the world's currencies. While the correlation between the gold price and the U.S. dollar/euro /euro cross and other broad-based indices such as the Dollar Index (DXY) remain fairly high, a flight from other fiat currencies has the possibility of driving fund flows to the gold price and gold-related investments. The best monthly performance for the gold price over the last 35 years has occurred in September, which has shown a mean percentage gain of 2%. The question of timing Buffet's warning on the state of America's balance sheet is unknown, however, if seasonality hold true to form, the gold price and gold mining equities could be poised for a strong move over the balance of the year [/FONT][/QUOTE]
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