Friday, September 28, 2007

GOIH Quantative Finance Group---Gold 20 year high.

Gold is at a 20 year as a hedge against inflation after the Fed cut interest rates. Inflation is peaking in the imports to the US.

The Dollar is at a new low against the Euro (142.21).

Expect to see gold continue to increase especially if the Fed lowers interest rates again.

The Dollar will continue to decrease against the Euro.