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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (48127)4/3/2009 4:07:40 PM
From: KyrosL  Read Replies (3) | Respond to of 219937
 
All these moves away from the dollar are not bullish for gold. They legitimize other fiat currencies alongside the dollar. Some of these currencies, like the Real, are based on a cornucopia of real commodities much more useful than gold. The yuan has China's manufacturing capacity and future potential as a backing. I am not surprised gold is falling, along with the dollar.


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