News Focus
News Focus
Followers 16
Posts 1651
Boards Moderated 0
Alias Born 01/04/2003

Re: lee kramer post# 358198

Sunday, 02/13/2005 2:07:42 PM

Sunday, February 13, 2005 2:07:42 PM

Post# of 704041
But the free market is working, the dollar Euro ratio has gone from $.80 to $1.36, a 70% decrease, that is how the market works...and look how well, when the dollar was at $.80/Euro, gold was at $250/ounce, multiply that by 1.70 and you get exactly the recent high in gold at $425/ounce.
----------------------------------------------------------
L--

When Z picks up speed you can't see the turnips from the forest.<gg> He really meant to say:

But the free market is working, the dollar Euro ratio has gone from $.80 to $1.36, a 70% increase, that is how the market works...and look how well, when the dollar was at $.80/Euro, gold was at $250/ounce. Increase $250/ounce by 70% and you get exactly the recent high in gold at $425/ounce.

--P




Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today