Currency & Capital Flight - GCRU Gold News

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Currency & Capital Flight

By GCRU Gold News on Monday, August 24 2015, 06:53 - Permalink

Here we see the US Dollar Index breaking support & falling hard as global sharemarket indices sell off strongly.

With the USD selling off we see the currencies - CHF, EUR & JPY rising strongly and hence the following moves in gold.

Whereas in the rest of the world with weaker currencies the price of gold is soaring.