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porter

02/13/05 2:07 PM

#358212 RE: lee kramer #358198

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.
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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