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« Chinese Backing Yuan With Gold? | Main | Massive Shortfall »



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It is a fact that also happens with oil, just like gold oil price depends on the supply and demand.

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Interesting - but if sticky prices are so costly, why are they so prevalent. The costs of being flexible must in some way be higher still. I think the argument about search and renegotiation costs that Jim Rose makes above are probably relevant. for more details just check

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The facts you have stated here about the ups and downs of rate of gold are very interesting. A good content for market watchers.

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