To: HEY4QDEMS
Actually gold prices are more influenced by currency values, not inflation. Are you claiming Tokyo market has not seen similiar change when priced by the Yen?
22 posted on
05/09/2006 3:58:21 PM PDT by
thackney
(life is fragile, handle with prayer)
To: thackney
Are you claiming Tokyo market has not seen similiar change when priced by the Yen?
That depends how well the Yen is performing, Gold is an international currency standard as is sterling.
Where it is true that speculative pricing and buying does occur, it's main valuation is determined by currency exchange with the greatest fluxuations against floating currencies like the US Dollar and Euro.
31 posted on
05/09/2006 4:04:49 PM PDT by
HEY4QDEMS
(Sarchasm: The gulf between the author of sarcastic wit and the person who doesn't get it.)
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