On the gold/dollar ratio: The dollar will continue to fall against the Euro as long as the US inflation rate is higher than that of Europe. Gold will keep rising as long as we have negative real interest rates in the USA. If you put these two ingredients together, you will be able to forecast a continuation of the exponential rise of the gold/dollar ratio. So, don't worry. Keep buying gold. The Fed is an unvoluntary friend of gold.
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