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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: sea_urchin who wrote (22149)12/8/2004 7:14:25 PM
From: philv  Read Replies (1) of 81042
 
Searle I note that apropos to our previous discussion re: POG vs. stock price, the dramatic drop today in the POG, which was the biggest one day drop that I can remember, did not have a similar drastic reaction to the stocks.

Of course, as discussed, the stocks did not really participate in the gold run in the first place! Some people take this as proof that gold price reacts to the stock market (xau), not the other way around. I don't know about that, but it sure seemed to be the case this time around anyway.
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