Excerpt from: Financial Spread Betting Strategies
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| October 15, 2007 | | Placing spread bets on gold prices | Financial spread betting strategy should take into account that gold prices are moving higher as investors move to hedge against U.S. dollar weakness in currency trading. Placing spread bets should consider this from Bloomberg:
``People are buying gold as a hedge against dollar weakness,
and that's helping the other precious metals,'' said Tobias
Merath, an analyst at Credit Suisse Group in Zurich. ``Platinum
is still a very strong fundamental story.'' | | |
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