GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!
Monday, June 27, 2016
Gold vs. Pound in Post Brexit
Gold Triumphant Over Pound, Dollar Post-EU Breakup
Gold prices are holding onto last week's gains after the U.K. voted to leave the European Union, with the metal still trading above $1,320 an ounce Monday. The metal also showed substantial gains against the British pound sterling, up nearly 3% on the day, after massive volatility in forex markets following a “leave” vote in the referendum. Kitco News’ Daniela Cambone and TheStreet’s Scott Gamm discuss the upswing in gold prices in different currencies as well as the rally in gold stocks post-Brexit.