Gold Price Bottom Depends On USD, Euro
Gary Savage | Jun 29, 2015 12:32AM ET
It's pretty clear what drove the rally in gold from 2000 to 2011—it was a collapse in the US dollar. Therefore, it seems reasonable to wait for that fundamental driver to return before trying to call a final bottom in gold. And until the euro bottoms, the dollar will remain in a secular bull market.
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