For security above and beyond risk-free we’ve the world’s best currency: Gold! Today’s 1943 level prices it at just 52% of its Dollar debasement valuation.
In the gold market, you're down a little bit this week from the 18-week average. Gold could go either way from this level. It's at a very important crossroads.
The dollar went up five points and metals are under pressure. When the dollar is stronger, it makes gold more expensive worldwide due to currency conversions.