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Message: Re: Holy smokes, look at POG!
1
Jul 02, 2019 08:06PM

The Asian bloom on top of yesterday's higher closing in NYC faded, putting POG back to near that level once again.  I hear that Trump made noises about lowering the value of the dollar.  That could have caused just such a knee-jerk reaction in the gold market.  Such action is pretty much out of his control, but I think he is already on record for favoring a return to bimetallism, which is equivalent to the same thing, IMO.

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