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Strategies & Market Trends : Natural Resource Stocks

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To: yard_man who wrote (2571)	10/28/2003 10:39:02 AM
From: Jim Willie CB	Read Replies (1) of 108660

I have no idea what your question means in numerator and denominator ??? try again please, and I will be glad to attempt an answer as for lag issue, I believe EURO interest in GOLD is not so much lagging, as it is a direct consequence of having the EURO rise first among the floating doomed fiat currencies when the JYEN continues, GOLD will continue if the EURO relaxes a little at that time, then the GOLD:EURO ratio will run up and catch up and join the worldwide gold bull market the European pricing of GOLD is now a pure reflection of speculative vulnerability of the EURO, when traders sought an alternative to the crippled USDollar the ECB did not defend the EURO like the Japanese defended the JYEN whether defense is wise, that is another question altogether / jim

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