Wednesday, March 11, 2015 2:13:28 PM
The only problem with that theory is the cost of processing when gold's up to $5K. If gold is $5000/oz, what do you think the peso will be worth? If it's not worth it now, it probably won't be then, either.
From Kitco a few minutes ago:
http://www.kitco.com/kitco-gold-index.html
Did gold really go down 10.50?
No. It actually went up 1.70 in real terms, but US Dollar strength makes it appear to have gone the other way.
Dino
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