On
the heels of a $15 move in gold and 50 cents in silver, today King
World News spoke with Marc Chandler, global head of strategy for Brown
Brothers Harriman, which does over $600 billion each month in currency
transactions. KWN wanted to get his take on where the US dollar and euro
are headed from current levels because this directly impacts the gold
and silver markets. Important implications for gold and silver are
included here.Here is what Chandler had to say: “We are seeing general strength in the US dollar, despite the fact that the Fed is engaged in quantitative easing of an unlimited nature, and despite the fiscal cliff looming. Right now the euro is trading at two month lows against the dollar.
Continue Reading at KingWorldNews.com…
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