The month of November was a busy one for the commodities markets and gold market in particular; I won’t go into detail of all the news items that happen during November, but I will just point out two items worth…
There is an old paradigm among analysts of crude oil prices vis-à-vis to the Dollar/Euro exchange rate: in many cases analysts quote the level of correlation between the two indexes and conclude that due to their high level of correlation they assume a cause and effect relationship