Gold and US Dollar

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silvernut

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Gold and US Dollar

posted on Oct 04, 2008 06:14AM

Anyone else track GOLD/US Dollar? It looks like this is holding up very well . The last time US Dollar was at 80 in Sept of 2007, Gold was at $700. Either gold is holding its own or we will see a retrace back to $750 or so.

Based on what I am hoping is a double bottom for HUI at 265, I am hopeful that Gold is about to move much higher short term.