50 dollars
what is dollar?
Dollar is down again:(
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When the economy started tanking, I was thinking that selling gold contracts and buying a like number of platinum contracts was a no-brainer considering that platinum as an Industrial metal would lose value due to catalytic converter demand decreasing with slowing new-car sales, and gold doing better as a "Store of Value", especially if the markets are flooded with dollars and inflation fears heat up ---both sell higher if the dollar goes down, and both are also used in jewelry; silver has some jewelry value and x-ray/film industrial value but.....
wish I had indeed acted upon it, as the spread has recently and quickly reaped a huge profit. I'm a wimp for not diving into that (and/or also, but to a lesser extent, a gold/silver spread).Comment
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Btw dollar value is closely linked to stock exchange value.If dow jones and nasdaq index goes up dollar drop.I dont know why is that beacuse that work like you pulling a plug with value of dollar.Now i need to withdraw money before it drop to 4.5 from 5.Time to masterize currency rates and not losing money all the time.Comment
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i hate it
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nice my Sedo Euro's will go further this Xmas
Sterling is taking a kicking from the Dollar and the Euro thoughComment
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Since gas dropped to the lowest value in last 10 years, i expect dollar to come back to 1.3....
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