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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (528561)11/13/2009 4:35:16 PM
From: tejek  Read Replies (1) of 1575626
 
"Investors continued to flee the U.S. dollar and plow money into other assets like equities and gold, sending the metal nearly 2% higher for the week in which gold almost continually extended record highs above $1,100 an ounce.

All gold participant eyes remain on the dollar as the metal's historically inverse relationship with the greenback has particularly heated up of late. Gold is considered a hedge against dollar weakness and more broadly as an alternative currency."

online.wsj.com
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