Friday, February 20, 2015

GOLD breaks down below $1,200 as EURO takes precedence over US DOLLAR

*****WARNINGS OF EXTREME UNCERTAINTY*****

GOLD and SILVER advocates turn bearish as EQUITIES rally

It looks like GOLD should be priced in EUROs

The US DOLLAR goes down with GOLD

Analysts are perplexed as there are NO SAFE HAVENS ANYWHERE

Wells Fargo calls for a weaker U.S. DOLLAR while David Morgan an notable silver analyst is fearing lower GOLD and SILVER prices with rising interest rates.  Meanwhile the market reactions show the EURO is taking precedence and is trading with an inverse correlation to GOLD and SILVER while the U.S. DOLLAR is showing signs losing its strong world currency status:

STOCK experts are considering bailing out of the STOCK MARKET as it may be reaching dangerously high levels:
http://www.cnbc.com/id/102440149 




WATCH THE CHARTS:





 


 
The EURO CURRENCY is the SAFE HAVEN now...



 








...developing...