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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: sea_urchin who wrote (22094)12/5/2004 2:45:03 PM
From: sea_urchin  Read Replies (1) of 81145
 
> talk is cheap -- especially as far as guessing the gold price is concerned

So it's my turn, but I won't mention a number, just a ratio -- the ratio of the gold price in dollars to US 30yr Treasuries. And on this 25yr chart one can see the change in the trend quite clearly. For 20 years bonds were the place to be and not gold. Now the preference is reversed -- gold is the place to be and not Treasuries.

stockcharts.com[w,a]dallynay[dm][pd200,2]
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