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Strategies & Market Trends : Dave Gore's Trades That Make Sense
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To: Bruce A. Brotnov who wrote (8884)6/27/2002 6:54:21 PM
From: Dave Gore  Read Replies (2) of 16631
 
Gold and the dollar aren't always linked. That's the conclusion I come to. Gold would do a lot better if the dollar fell dramatically, and if the Markets fell dramatically, in turn. If the $USD falls a little, stabilizes, goes up a little, then down a little, then gold does not necessarily seem to react much to it.

Kind of makes sense, since almost everyone agrees that it is not so much the dollar dropping, it is the dollar dropping FAST that would be a big problem. Of course if the Euro were to get over par, then that wouldn't be a good thing.

Bruce, who knows!?
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