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Old 11-08-2007, 03:23 PM
Borodog Borodog is offline
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Default Re: The Dollar Plunges Further

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You realize the actual price of gold isn't changing, right?

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Yes it is:



People are increasing their demand for gold as an inflation hedge, which is driving up the price of gold independent of the fall in the dollar. You can see this because gold is appreciating against all currencies, not just the USD:
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