LGMR: Gold Up, Dollar Down as Paulson & George “Bubble” Soros Further Extend Exposure

London Gold Market Report from Adrian Ash BullionVault 09:05 EST, Fri 12 March Gold Up, Dollar Down as Paulson & George "Bubble" Soros Further Extend Exposure THE PRICE OF GOLD rose versus a falling US Dollar Friday morning in London, recovering one-third of the week's earlier 3% drop as world stock markets crept towards new multi-month highs. Crude oil also rose, pushing above $82 per barrel after the International Energy Agency called January's jump in China's energy demand ? up by 28% ? "astonishing". US Treasury bonds meantime fell with the Dollar, nudging interest rates higher. "Silver is benefiting from the higher gold price," writes Walter de Wet at Standard Bank today. "Speculative interest (according to US data) is fairly low compared to platinum, palladium and gold. This could make silver less susceptible large price swings ? up and down." On the forex markets today, the Euro jumped to a 1-month high vs. the Dollar on news that industri...