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"With gold itself, the weaker dollar does actually have one huge benefit — an obvious one — which is that it makes physical buying of gold actually cheaper. The Indian market especially tends to be fairly price sensitive. When gold went over the $950 level on the way to over $1,000, there was very strong evidence that the Indians started holding back purchasing. Now that gold has fallen under $850 again in the last few weeks, there’s evidence that the Indians have started buying again in heavy numbers. So a stronger dollar will actually help the gold market, but it may not help the gold stocks."(9/02/08) Read full article

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