Predictions 2010: Analyst Vince Farrell
That should take some of the luster off the dollar/gold trade. I say should since the move to gold could be well more than a trade and a deliberate move by central banks to diversify their reserve holdings. I would not go short gold, but I would go long the dollar.
Vincent Farrell, Jr. is chief investment officer at Soleil Securities Group and a regular contributor to CNBC.