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Joe Stocks

01/27/09 10:21 AM

#51609 RE: w0zz #51608

As the dollar goes up, gold should come down. The more valuable the dollar is, the more gold you can buy with it. Holders of gold want a weak dollar. Doesn't always work that way though.
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Newly2b

01/27/09 2:34 PM

#51633 RE: w0zz #51608

Generally there is an inverse correlation between the dollar and gold -- when one rises, the other falls. However, as recent action shows, that does not always hold true as so many other factors impact each.

Newly