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10/04/2010

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If you look at the price of gold against oil over the last 20 years, it's been pretty stable. I think it's more of a case of the value of the US dollar declining, which only looks set to continue with the current "quantative easing" taking place. This will mean a relative increase in the gold price and the Australian dollar.

I think it's more a case of declining dollar value that just seems to continue with the current "quantitative easing.

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