Excerpt from: Financial Spread Betting Strategies
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| February 04, 2008 | | Placing spread bets on gold prices | Gold prices are expected to continue rising in commodities trading. With the US dollar expected to be depressed by continued interest rate cuts, gold prices are expected to remain supported. MarketWatch offers some insight that could help when placing spread bets on gold prices:
So, cutting the benchmark interest rate is generally
inflationary and bullish for gold. Adjusted for inflation, gold would
have to hit $2,200 to hit its high from the early 1980s. Even if we get
just halfway there this year, it could be one heck of a ride.
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