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Strategies & Market Trends : Natural Resource Stocks

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To: jimsioi who wrote (5073)	12/17/2003 12:32:31 AM
From: Jim Willie CB	Read Replies (1) of 108546

gold leads now, dollar follows, clear for two months as all currencies are now making new highs versus the USDollar, it has been clear since October that gold is leading I believe you speak from experience of many past quarters no longer true gold has exerted its predominance in recent months as a currency itself evidence is recent little movements in the dollar which were all but totally ignored by gold to me it seems the weak dollar has been attempting to push the gold market and has consistently failed in the last several weeks THUS THE USDOLLAR CONTINUES TO LOOK PATHETICALLY WEAK TRENDING DOWN DOWN DOWN your comment "Playing these twice removed vehicles from the primary event, the dollar, is a headache when they're lagging" seems naive how do you rationalize such a comment? / jim

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