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Gold/Mining/Energy : Barrick Gold (ABX)

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To: nickel61 who wrote (2475)5/2/2002 4:01:35 PM
From: nickel61  Read Replies (1) of 3558
 
If either of you question what I have posted so far take the time to run a couple currency comparisons and see that while the dollar has risen against gold and almost every currency in the world you will see that it is a perfectly straight line against the major oil producers currencies..and that if you have the time to adjust the oil price by dividing by the then current gold price you will see that the flow of US dollars in terms of the then prevailing price of oil is constant in gold terms as well. Try it for Saudi Arabia, Dubai, Kuwait etc. and see what I mean.
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