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Strategies & Market Trends : Waiting for the big Kahuna
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To: William H Huebl who wrote (55483)10/2/2001 10:25:43 AM
From: Real Man  Read Replies (1) of 94695
 
I didn't ... I think now the broader markets follow gold short-term (1-2 Months), so if gold rises, they will go up from here, at least for a while, although when the broader markets go down, gold does not go down as much. Gold still responds to liquidity injections, and I think this is what is needed at this stage. It may not cure systemic problems, but the situation ain't good anyway.
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