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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (171489)12/15/2008 4:19:08 PM
From: neolibRead Replies (2) | Respond to of 306849
 

Gold was up with oil down, which is another novel idea.


But gold did the expected with the $, so that part was not novel. It was just the oil part that was novel. It has always struck me as novel that things which have direct use (like oil) lose value in recessions/depression, while things like gold which mostly lack use fare better. Surely there is also excess gold in a recession, just like there is excess oil???