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Pastimes : The Philosophical Porch
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To: Rarebird who wrote (4740)10/12/2009 7:06:20 PM
From: Archie Meeties  Read Replies (1) of 26251
 
Unique perspective: A gold rally in dollars is just a bear market rally.

I've wondered for a while if the rally in the osx is sustainable. If oil is going up because of dollar weakness, it's unlikely that this will translate into higher exploration budgets in real dollar terms.
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