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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Bid Buster who wrote (1057)11/30/2000 1:35:44 PM
From: tradermike_1999  Read Replies (2) of 74559
 

dollar index is getting smacked, tells me foreign investors are bailing out ...XAU up nicely today, commercials have been accumulating gold for months now...we may soon see a long overdue gold rally soon.



If the dollar continues to drop Fed will be reluctant to cut interest rates. Its too soon to tell though.
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