Posted by Charleston Voice, 05.25.12
Nobody can present it clearer than ZeroHedge.While we had noticed on Wednesday that gold AND the US$ were both appreciating together we did not recognize the trend taking shape.
Is this the overwhelming exodus of 'real-not-synthetic' Euros finding safety? Or just an aberration? It seems yet another event-risk-driven divergence is occurring as different asset-classes seem to be disagreeing over who will do the printing (when, not if, they print) and whether the mattress or barbarous relics offer most protection.
Chart: Bloomberg