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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Square_Dealings who wrote (7264)2/7/2004 7:12:13 PM
From: loantech  Read Replies (1) of 110194
 
<Yes the dollar has gone from 120 to 86 (28% decline)
over the same time period gold has gone from 275 to 404 (47% increase)> YOUR POST ON ANOTHER THREAD.

Mike if the dollar goes from let's say 86 to 72 that would be about a 16% loss so that would mean a 27% gain for gold equating to about $515.00 POG. But other people are calling for a lot higher gold price. Where would that come from as the dollar at less than 70 seems well a bit remote?
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