AI
Monday, May 16, 2005 10:45:06 PM
... we lost our broad-band connection Saturday night, and did not get it back until this evening ... YIKES
<<short term, the break in HUI and XAU (and the metal) might be a headfake, but on the other hand, the reality of the dollar strengthening, particularly against the Euro and the Yen (a driving force behind the gold weakness), is rooted in economic comparative economic activity (or at least the market perception of such)>>
... looking at comparitive charts from late-2000 to mid-2002 does not tell me much ... what do you see here, Zeev, Dan et al? ... anything useful?
EDIT: of course, with short-term interest rates AND the US Dollar rising now, it might be tough for GOLD to rally.
Ken Wilson
______________________
<<short term, the break in HUI and XAU (and the metal) might be a headfake, but on the other hand, the reality of the dollar strengthening, particularly against the Euro and the Yen (a driving force behind the gold weakness), is rooted in economic comparative economic activity (or at least the market perception of such)>>
... looking at comparitive charts from late-2000 to mid-2002 does not tell me much ... what do you see here, Zeev, Dan et al? ... anything useful?
EDIT: of course, with short-term interest rates AND the US Dollar rising now, it might be tough for GOLD to rally.
Ken Wilson
______________________
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