Goldmans_Sak
Long

Dollar Neutral gold in a strong rally

While it doesn't look like gold             is going anywhere lately, its priced is being pushed down by a rising dollar. Despite a strong dollar, gold             has been moving sideways for a year. Global QE is reaching ridiculous levels and rates AREN'T RISING.
Here is a view of the dollar neutral Gold             and the relative performance of Gold             priced in euros relative to the Euro             currency.
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