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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: sea_urchin who wrote (8085)10/7/1999 12:17:00 PM
From: goldsheet  Read Replies (2) of 80991
 
> Thanks Bob. I mentioned earlier that a similar divergence was seen
> in certain SAf stocks eg Anglogold, as well.

Over the years I have been told the XAU doesn't accurately represent the gold stocks and the AU/XAU indicator isn't reliable. Both may be true on occassion, but overall both are "close enough". The ratio did not stay at 114% very long, gold stocks have been weak, and the ratio now sits at 94%

A picture is worth a thousand words:
goldsheet.simplenet.com
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