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Strategies & Market Trends : Ride the Tiger with CD

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To: Condor who wrote (20354)	11/17/2004 8:56:34 AM
From: jpthoma1	Read Replies (1) of 313075

In fact (Claude do not read!), Gold and the US$ are not connected. POG is expressed in US$ because it is mostly «traded» in US$ markets. But the real POG is the amount of money obtained by a producer (or seller) selling to a buyer in a free market. This amount of money is used to pay for the cost of producing (or buying) it. An gold is produced(sold) in hundred of countries, each having its own currency. Then Gold has hundreds of values! JP

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