Replies to post #281254 on Zeev's Turnips Patch-No Politics (ZEEV)

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Good question. Gold moves inmverse to the $US, but also is somewhat leveraged. For example, when the $US dropped 1.5% on Friday, Gold moved up 1.9%. Usually, the leverage is greater than that.

Let's say that Gold will move 130% the inverse of the $US. For Gold to hit $1000 (+150%), the $US will have to drop 116%.

You laugh? OK, smart guy, what do you think it will take?