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Re: amarksp post# 10429

Wednesday, 08/11/2004 11:51:03 PM

Wednesday, August 11, 2004 11:51:03 PM

Post# of 19037
Actually that is a very interesting graph.

Explain to me what we are seeing - what is the "top" gold months?

If I look below I see how the 15/30yr peak appears to be at the end of Sept - for a few weeks - into Oct. What is the reason, AFAYK, for this?

Because of the gold sales for jewelry? My thinking is (flawed if someone cares to point it out), that manufacturers would order material 6mths prior - say Apr-Jun - manufacturer and ship Jul-Sep for the Christmas season which is from Oct-Dec. I can't see gold rising to "seasonal highs" in early October because of this.. that is just too late to do anything with before Christmas.

You are saying PoG starts its move late August - I am seeing it bottom out and not starting it's rise until mid-late Sept?

I can understand the logic with Heating Oil

... but not with the theory of jewelry for Christmas...

Am I missing something?

Thanks
bOs


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