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Strategies & Market Trends : Ride the Tiger with CD

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To: NOW who wrote (22154)11/28/2004 11:21:31 PM
From: goldsheet  Read Replies (1) of 312361
 
> CC; gold and the dollar? take a look at the dollar in the late 1980's: plummetted. what did gold do?

goldsheetlinks.com

As dollar went from 125-to-85, gold went from $300-to-500 in the 1985-1987 timeframe
BUT
then dollar went into a wide trading range 85-to-95 with gold drifting into a 350-to-400 range for a good 5 years.

Wasn't until dollar started its bull run from 80-to-120 that gold got slammed down to $250.

I have done the statistics on dollar vs gold and there is no significant correlation.
It seems they run inverse for a few years at important turning points then drifts sideways.

The three big ones:

1985-1987 gold bull 300 to 500 +60%
1996-1999 gold bear 425 to 250 -40%
2001-now gold bull 250 to 459 +80%
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