RE: Gold Can Also Decline in Dollar Value!

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Gold Can Also Decline in Dollar Value!

in money •  7 years ago 

dollar and gold are rivals specially canadian oil effect on gold price there are large reserve of gold in canada so before buying selling in market one have to need watch canadian economy i believe

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There is no effect from Canadian oil price on gold. There are no government reserves of gold in Canada. Our gov't sold the last 45 pounds some years ago. Brilliant. The only gold reserves in Canada are in the ground or in private hands. Thanks anyway.