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Tanzanian Royalty Exploration Corp. Message Board

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  • bullionairo bullionairo Nov 15, 2011 7:02 PM Flag

    the real reason Sinclair bought 60,000 shares

    Classic Sheeple memory loss. No help for that. Remember the USD currency crashes......that never happened? That's just 2 examples of MANY!

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    • Classic Sheeple memory loss. No help for that. Remember the USD currency crashes......that never happened? That's just 2 examples of MANY!

      Thats one example. And that the USD didn't crash doesn't mean it isn't heading south. It is. He is right. In fact, the Fed is purposely weakening the currency. Sinclair is correct. Why do you think Gold hit 1900??

      • 1 Reply to arihalli
      • Thats one example. And that the USD didn't crash doesn't mean it isn't heading south. It is. He is right. In fact, the Fed is purposely weakening the currency. Sinclair is correct. Why do you think Gold hit 1900??
        ---------------------------------
        The dollar index is comprised of 6 foreign currencies. Gold is not a component of the index. There is no direct relation between the dollar index and gold.

        Dollar Index in 1994 = 78
        Dollar Index in 2011 = 78
        Gold in 1994 = 350
        Gold in 2011 = 1800

        Gold is just a cyclical trade. 20 years of bear market followed by 20 years of bull market. It will go back down once the trade is over. Too bad you and the rest of the donkeys will still be holding on.

 
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