The American dollar is up and if you've been following along, you know what that means: the long ascending path of gold has stalled for a bit.
For the last several weeks, there has been a media campaign by the new administration of U.S. President Barack Obama to bring hope to American consumers. Read More
Fears fomented by long-term inflationary concerns over President Obama's huge stimulus package drove investors to gold as a hedge against likely devaluation of the U.S. dollar.
Historically, the price of gold has been intimately wed to the value of the U.S. dollar. This was not difficult to predict. Read More