It may work for a while, too but eventually gold will migrate into a reserve currency basket and its price will advance many times from its current level.
Mr McPartland likens this to buying a book on Amazon instead of eBay: you often pay more at Amazon, but at least you know the price in advance.
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They know that they cannot perfectly price tickets in advance, and that putting bums on seats makes for a better atmosphere and more beer sales.
U.S. economic data due for release Tuesday includes the weekly Goldman Sachs chain store sales index, the Empire State manufacturing survey, the producer price index, advance retail sales, the weekly Johnson Redbook retail sales report, and manufacturing and trade inventories.
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Traders at the time said pre-placed sell orders under that level helped to advance the price break.
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Moreover, during the three months ending January, the rate of advance in the producer price indices for intermediate products, and finished goods have all accelerated into double digit annual rates of advance.
With wall and window units, ask in advance about the price of service calls, labor and any parts.
By making the rules clear in advance, the price band also promises to shine a spotlight on the cartel's opaque mechanism.
Hedging allows companies to fix the price of a currency months in advance.
The 12-month advance in the Consumer Price Index has been above 2% for the past five months, hitting 3.6% for the 12 months ending both May and June.
Crown Currency Exchange, which was established six years ago, allowed individuals and business customers to pre-order foreign exchange at a set price up to a year in advance.
Since 2003 bottom, the stock market has had tremendous volatility, he said, whereas the gold price has had a relatively orderly, linear advance that has shown no signs of excess.
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If moviegoers buy a ticket on-line a few weeks in advance, they will pay the lowest price.
The NYSE launched a high-profile investigation this spring into allegations that specialist firms have been front-running clients, or trading in advance of them to profit from expected price moves.
He knows the path will be filled with hard work, but he is taking the steps and making the preparations to ensure he has a viable product, and he has found customers in advance who are willing to buy his product for the price that he needs.
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Those shares dropped 67% in price last week, and pre-market trading was stopped this morning, in advance of the bankruptcy filing news.
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Some think the oil-price spike of 2008 was partly caused by China stockpiling diesel and other fuels in advance of the Olympics.
Arthur Phillips's first novel, which documents the life of John Price, a young American who quit Los Angeles for Budapest circa 1990, comes with much advance praise.
If you care about justice and security, you have a duty to do all you can to advance or protect them by any legitimate means - to be ready to pay the price of your fine words.
Unlike the name-your-own-price auction service at the US version of Priceline, GetGoing gives you the exact times of your flight in advance.
Students who are more discerning about their seats should head to the TKTS ticket booth in Leicester Square for half-price tickets for hot West End shows on the day of the performance, though a select number of discounted advance tickets also are available.
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