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…”Gold moving up with the dollar is a sign of tremendous strength of gold,” said Sam Kirtley, chief executive officer of SK Options Trading….”Both gold and the dollar have been trending upward since early this month,” said Brien Lundin, editor of Gold Newsletter.  “If gold and the dollar can decouple, [that would] hold important implications for the metal going forward.”And those implications are likely to be good for gold.  A decoupling in the relationship would mean that “in…

02/26/2010 - Listen to today’s discussion of events shaping our economy, the precious metals and rare coin markets and your investments.

Gold and oil are
both up nicely today, with gold up $2, silver up $.08 and oil is up $.80.  Meanwhile, the dollar is down 11 basis points
and the Dow Industrials are down 3 points. 
The GDP report this morning shows the economy is improving.  However, volume is light in all of the
markets.  GDP rose at a 5.9% annual
rate, October through December, the fastest since the 3rd quarter of
2003.  GDP expanded by 2.2% in the 3rd
quarter of 2009.  This w…