maybe this is why all the buying.
Dollar plunge causes gold surge
The US Dollar Index broke through primary support at 80, signaling a decline with an initial target of 77*. The sharp fall of 63-day Twiggs Momentum below the zero line strengthens the bear signal. The falling dollar is expected to cause a general rise in precious metals, crude oil and currency crosses.
By Colin Twiggs
September 23, 2010 4:00 a.m. EDT (6:00 p:m AET