Tuesday, August 31, 2010

soaring yen

People often speak of the gold rising. However, let us look at the real reason. There has been a drop in the dollar that is on going. Things are different if you look at the yen. Basically, as a nation there are many exports from japan. It produces many products people buy so you see an increase in desire for its currency. Which explains why there is a soaring yen. People should look at gold in terms of real value, such as yen. Fact is gold has not gone up. It keeps pace.

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