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mrgneiss
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Why Gold Is No Longer an Effective USD Hedge

- Sam Kirtley - Sk Options Trading

So, the dollar has lost 97 cents since the creation of the FED, whereas gold has retained it's purchasing power, and you think your time frame of 2 years negates that relationship?

http://www.swissamerica.com/article.php?art=03-2007/200703231220f.txt

Commented 4945 days ago

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Beginning of the headline :During the first nine years of this gold bull market, gold prices moved with a nearly perfect inverse relationship to the U.S. dollar. Indeed, in the early years gold was only really moving up against the greenback; it was only after a few years that it began to appreciate against all currencies... Read More

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