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Re: amarksp post# 2500

Wednesday, 10/01/2003 4:08:15 PM

Wednesday, October 01, 2003 4:08:15 PM

Post# of 19037
Hey! USD is tanking vs. the other currencies.
As a matter of fact, even the Euro is down vs. the ZAR (SA Rand).
IMHO, a chart of gold vs. Dollar index is am inconsistency: compare the price of gold in USD to USD ?!?
1- Gold is (at least US traders think that) priced in USD.
2- the Dollar index is one of the last surviving dinosaurians. ( Dollar index is 57% made of Euros) http://lvlamb.itgo.com/charts/oth2003/usd%20weights.html


PS: updated my opinion on the washington agreement
http://lvlamb.itgo.com/pinions/wa.html



lvlamb a k a
Louis V. Lambrecht


Whenever you find that you are on the side of the majority, it is time to reform. (Mark Twain)





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