Yes, the USDollar moves inversely to the price of gold, but both can rise on a nominal basis if other paper currencies drop faster. The take away message is gold will be the last currency standing.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/11/2_Get_Ready_For_Big_Moves_In_Gold%2C_The_US_Dollar_%26_The_Euro.html
Friday, November 2, 2012
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