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News Focus
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Fred Langford

04/14/04 10:38 AM

#230542 RE: drzzzzz #230540

Dollar strength...

Fred
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opnion

04/14/04 10:42 AM

#230544 RE: drzzzzz #230540

Maybe Dan can answer your question. Honestly, I only trade technically on gold and miners. The problem is that everyone has an economic or actual physical metal reason why gold and silver should go up or down, problem is that all of em can't be right and if they are then that in itself is troubling. As Zeev has said many times before, when fa and ta clash take the ta every time. And as that Red Sox lover says, it isn't what the news is, it's how the stock or index reacts to the news.
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gtober

04/14/04 10:47 AM

#230557 RE: drzzzzz #230540

rising interest rates are bad for gold. not good. so is a rising $USD. i agree the rest of the story is positive for gold, as is the budget deficit.
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chainik

04/14/04 10:50 AM

#230562 RE: drzzzzz #230540

Rational explanation: anticipated rise in interest rates is bad for gold.

Irrational one: time to shake out speculators.

I am buying. IMO risk/reward is good here.
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Newly2b

04/14/04 10:51 AM

#230564 RE: drzzzzz #230540

Manipulation?


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basserdan

04/14/04 10:55 AM

#230577 RE: drzzzzz #230540

Can someone explain to me the weakness in gold?
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Hi drzzzzz,

Exhibit A