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<p>[QUOTE="Sholom, post: 773279, member: 17753"]<b>correct me if I'm wrong...</b></p><p><br /></p><p>The value of the dollar is inversely related to the price of metals.</p><p><br /></p><p>I.e., the price of metals goes up when the "dollar goes down." After all, if a dollar is worth less today than yesterday, then, clearly, it takes more dollars to buy the same amount of gold today than yesterday.</p><p><br /></p><p>What I'm unclear about is how closely is the dollar's value correlated with what the economy is going.</p><p><br /></p><p>Anyone know if the dollar has been going down lately?</p><p><br /></p><p>I presume it has. Is it related to the fact that we're in a depression?</p><p><br /></p><p>I don't know.</p><p><br /></p><p>But I do know that we have the worse economic recession since, perhaps, the Great Depression -- and that metals are at an all time high.</p><p><br /></p><p>OTOH, however, I haven't seen anyone talk about that inverse relationship lately.</p><p><br /></p><p>When the dollar goes back up, metals will take a hit. Will the dollar necessarily go back up when the economy recovers? I have no idea.</p><p><br /></p><p>Don't listen to me -- listen to an expert. But if you <i><b>do </b></i>get the ear of any expert, ask him/her about this inverse relationship.[/QUOTE]</p><p><br /></p>
[QUOTE="Sholom, post: 773279, member: 17753"][b]correct me if I'm wrong...[/b] The value of the dollar is inversely related to the price of metals. I.e., the price of metals goes up when the "dollar goes down." After all, if a dollar is worth less today than yesterday, then, clearly, it takes more dollars to buy the same amount of gold today than yesterday. What I'm unclear about is how closely is the dollar's value correlated with what the economy is going. Anyone know if the dollar has been going down lately? I presume it has. Is it related to the fact that we're in a depression? I don't know. But I do know that we have the worse economic recession since, perhaps, the Great Depression -- and that metals are at an all time high. OTOH, however, I haven't seen anyone talk about that inverse relationship lately. When the dollar goes back up, metals will take a hit. Will the dollar necessarily go back up when the economy recovers? I have no idea. Don't listen to me -- listen to an expert. But if you [I][B]do [/B][/I]get the ear of any expert, ask him/her about this inverse relationship.[/QUOTE]
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