Autochartist - Weekly Commodities Update: Gold

The $1,500 per ounce barrier was broken in the gold market last week for the first time ever, as the US Dollar extended losses against the Euro and other major trading partners, and crude oil remained in a firm uptrend. The ominous outlook for price inflation coupled with no end in sight for the central bank intentions to keep printing money to maintain the global stimulus effort. As the

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