Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (70623)	10/29/2007 3:12:32 PM
From: sea_biscuit	Read Replies (1) of 116555

Pricing unit is 100% irrelevant.... ... if you are buying right here and right now. But if you are saving up money to buy later, you better save in terms of the pricing unit, or else, you will be faced with not one, but two fluctuations - one, in the price of the commodity itself and two, in the exchange rate between the currency you saved your money in and the pricing unit. There is a simple proof. I will do it in another post. Looking forward to that. Do it before OPEC ditches the dollar! :-)

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