"...A Hollande victory will add pressures on the euro vs. the US dollar and also elevate fears of a eurozone breakup. A breakup is likely regardless who wins, in my estimation, however, a Hollande victory could easily escalate the timetable.
If that sentiment catches hold, don't be surprised to see gold rise while the dollar strengthens."
at http://globaleconomicanalysis.blogspot.com/2012/04/sarkozy-comeback-bid-falters-as-french.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29
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