Euro crisis effects gold

When the Euro currency takes a hit it props up the dollar which brings down dollar cost of gold. But the european debt crisis is simply a symptom of the cancer that the global financial system has, thus it will eventually help destroy the dollar and send gold through the roof!

 

UPDATE* European Financial Crisis – Greece.. Italy..

 

First Greece and now Italy. With all of these bailouts Germany will need a bailout of their own. Bailouts are just a part of the system tho..