CHART OF THE DAY: The Ultimate Rejection Of The Euro

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Gold is making new highs in dollars, but its performance in euros is just breathtaking — a straight line up in recent days. With its surge today and the euro’s continuous fall, we’re easily taking out all time highs, a clear symbol that with all the printing of euros in days ahead, folks are flocking to the comfort of gold.

chart of the day, gold price, euro per ounce

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