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

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To: Skeeter Bug who wrote (104947)11/30/2009 12:02:54 AM
From: Claude Cormier  Read Replies (1) of 116555
 
|| just to clarify, i think gold trades with the stock market
|| and both trade inversely to the dollar.

I think that Gold has traded so far inversely to the US dollar index and the US dollar. I suspect that it will continue to trade inversely to the US dollar but eventually will start to trade up with the US dollar index when the US dollar start to outperform the Euro and other currencies. That will be when gold goes strongly up against all currencies.
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