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To: F15Eagle

Here’s a historical chart dating from the 1960’s for the value of the dollar vs other currencies. And the trend for the dollar has been down with sharp counter cyclicals. The dollar is currently near the bottom of its range. (just as gold is near the top of its range.) generally a weaker dollar corresponds to with a stronger gold. The pressure for the next couple years is going to be for a stronger dollar and weaker gold.
http://www.tradingeconomics.com/united-states/currency


5 posted on 07/10/2013 3:28:03 PM PDT by ckilmer
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To: ckilmer

Do you have a prediction for what the bottom price will be for gold?


7 posted on 07/10/2013 6:30:10 PM PDT by Sawdring
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