Gold Prices in for Short-Term Rise, According to 'Gold to Oil Ratio' [View article]
"Principally, due to the weakness in the financial sector, the Federal Reserve must continue to lower interest rates to make access to capital easier. "
Though helping the financial sector does increase the value of the dollar which you can also peg to gold it would help but when you get to lowering interest rates thats just going to weaken it and make gold rise even more. its also going to add to the inflation since actual inflation not the government given stats is almost 12 %.
Gold Prices in for Short-Term Rise, According to 'Gold to Oil Ratio' [View article]
Though helping the financial sector does increase the value of the dollar which you can also peg to gold it would help but when you get to lowering interest rates thats just going to weaken it and make gold rise even more. its also going to add to the inflation since actual inflation not the government given stats is almost 12 %.