Subject: Re: Sorta OT: money illusion
I expect to see articles in the papers tomorrow about how the Euro has soared, which they will probably ascribe to some speech in Brussels. And gold, which they will ascribe to market panic. This will be just a naive misunderstanding...neither gold nor the euro popped up, the dollar fell.

Yeah, but the dollar price of gold doubling in a year isn't just an inverse dollar trade.

Elan