Why Isn’t Gold Higher?.

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January 21, 2013 - 11:52am

By GonzaloLiraWhy isn’t gold higher? Two of the three reserve currencies of the world—the dollar and the yen—are on a relentless race to the bottom, and only recently have the Europeans figured out that they’d better start kicking the euro down, before they price themselves out of the global markets. With this general fiat currency devaluation, you would think that gold would be much-much higher than it is now. 

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