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To: SAJ

Another big reason gold and silver are down.

Problems in Europe contributing to rising dollar.

41 posted on 08/04/2011 12:06:53 PM PDT by Errant

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To: Errant

Sure. The directional correlation between USD and gold has been .07 over the past 2 years. The other way to say this is that, on a given trading day, 93% of the time USD and gold move in opposite directions.

43 posted on 08/04/2011 12:21:00 PM PDT by SAJ (Zerobama -- a phony and a prick, therefore a dildo)

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