18.12.2008 - Gold losing luster
From Resourceinvestor.com: In times of economic uncertainty gold prices ordinarily take flight; this process has been suspended, at least temporarily, as the recent flashpoint in the credit crisis has been accompanied by a resurgent greenback. Hedge funds and others are being forced to liquidate dollar denominated assets to meet margin requirements, creating a short squeeze on the dollar. That is offsetting the flood of stimulus and bailout dollars, deferring what ordinarily would be inflationary forces. .... Full Article: Source