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 Bill Hionas says Gold is Behaving Uncharacteristically at Present- Bill Hionas says Gold is Behaving Uncharacteristically at Present
- November 16, 2011
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All eyes focused on Europe as investors remain nervous.
MIAMI, FL - As two new prime ministers form governments in Europe, concern grows over the future of the euro as a common currency for the region. Greek Prime Minister Lucas Papademos has vowed to do what ever is necessary to keep Greece in the euro. Nevertheless, rumors have been circulating that some of the weaker countries could be offered a way to exit the euro while remaining in the EU.
As the euro wavers, the dollar gains and gold, moving inversely to the dollar, falls. However, the gold...
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