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M_T_Pockets

01/26/12 6:23 PM

#37035 RE: Mister Young #36980

I would bet it is India and the Russians. With the new "Gold for Oil" deals set up lately, it seems that buying gold now is a great hedge against both the rising prices of both gold and oil. JMHO, but the dots are too close not to almost connect themselves.
And there goes the dollar as the standard oil currency! Triple whammy for US.