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Post# of 704041
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Newly2b

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Re: zztops post# 358070

Saturday, 02/12/2005 1:47:42 PM

Saturday, February 12, 2005 1:47:42 PM

Post# of 704041
I would add that the POG is subject to normal supply/demand and at times reflects people's PERCEPTIONS of the value (as opposed to the actual value) of the dollar. I believe that during times of inflation (late '70's), or political upheaval, the POG can far outstriped the actual decline of value of the dollar due to it's perceived safe-haven status and portability as a store-of-wealth.

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