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To: Proud_USA_Republican
Gold, which is priced in dollars, normally rises when the dollar drops, as it takes less money to buy the same amount of the precious metal.

Huh, what? Huh, what? If gold rises, then it takes MORE money to buy the metal, not less. Hey, writer!

18 posted on 03/16/2006 4:53:06 PM PST by Migraine (...diversity is great (until it happens to you)...)
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To: Migraine

yes and no.

Gold has had a big run the past year, but it wasn't because the dollar was tanking hard in the opposite direction.

Gold and the dollar are less pegged to each other than it used to be.


22 posted on 03/16/2006 10:59:18 PM PST by Proud_USA_Republican (We're going to take things away from you on behalf of the common good. - Hillary Clinton)
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