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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Little Joe who wrote (16306)8/10/2003 2:37:46 PM
From: Canuck Dave  Read Replies (2) of 39344
 
CRB is a difficult indicator to analyze: Lots of components.

I think a better way to understand it is by breaking it up into its sub-components, grains, metals etc. Sorry I don't have a link for this, but there is one out there somewhere.

And the dollar index is misleading as the measuring stick (i.e. the other currencies) is shrinking. The ECB call for a weaker Euro capped the rise. Nice to see that there's now two open mouth committees at work massaging expectations.

Competitive devaluation is skewing any meaningful analysis. Gold and particularly oil are the truth serums right now, IMO.

CD
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