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

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To: mishedlo who wrote (71381)11/19/2007 3:35:52 PM
From: Sea Otter  Read Replies (2) of 116555
 
This is probably an ignorant question, but I'll ask it anyway ...

Why not just price oil in terms of gold? Simple, direct and universal - and it gets currency manipulation out of the picture.

Not to mention eliminating the complexities of currency baskets.
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