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Forget Black Friday. How About Gold Friday?

Looks like that Peter Brimelow column we linked to this morning was dead on. Gold up. Dollar down.
And with that, the DealBreakers are just about DFD. Write-offs up next.

Gold prices climbed 1.4 percent on Friday on a weaker dollar, with the absence of U.S. players making the market choppy, dealers said.
Platinum also gained, but traded well below this week's record high of $1,395 an ounce on talk of an exchange traded fund (ETF). Other precious metals followed gold's upward move.
"The market is trying to get up to $640 an ounce at some point, but there are some sell orders around there," said a precious metals trader in London.
"The dollar is weak at the moment. The market is fairly thin so it didn't take a huge amount to move it up," he added.
Spot gold was quoted at $639.30/640.30 an ounce by 1453 GMT, up from $630.30/631.30 late in London on Thursday.


Gold moves higher as weaker dollar spurs buying
[Reuters]

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