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How to play gold with a rising US dollar in mind
video Gold (GC=F) could face downside if the dollar continues to rebound. DeCarley Trading commodity broker and analyst Carley Garner explains why a return to early-year dollar levels could push gold below $3,000. You mentioned in your notes to us that gold and the US dollar, they've moved in opposite directions about 93% of the time over the last nine months. How should investors factor the dollar's path into their gold strategies moving forward? Right. So there's a lot of people buying gold here because they're of the opinion that they can't trust the US dollar, whether it's political or because of the US debt ... (full story)