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  • Today in Commodities: Strength vs. Dollar Weakness [View article]
    Gold might be defined as a measure of anxiety. You can call this anxiety: inflation, deflation, or whatever the name of the economic issue is that causes people to want to protect their assets..

    Noone knows what is going to happen. People are less trusting that those in charge really know what they are doing, in the way one would expect an expert to be able to read their environment and predict what will happen next. So, anxiety is increasing. So, holding gold is increasing.


    On Nov 09 07:50 PM boden11 wrote:

    > We heard the same argument and then same (Peak Oil) for crude and
    > yet that's only at like 1/2 its highs and that stuff is burned as
    > soon as its refined...
    >
    > Is this just the next bubble? A combination of nowhere for money
    > to go and a hedge against the USD?
    Nov 09 23:30 pm |Rating: +2 0
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