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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 379.87+0.4%Nov 11 4:00 PM EST

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To: TobagoJack who wrote (248)9/3/2005 11:47:52 PM
From: Moominoid  Read Replies (1) of 217710
 
What does the collapse in lease rates mean?

kitco.com

Or bad data?

Strange moves in gold this week. First crash down, then crash up.... At this point I have no idea where gold, Aussie, and USD are headed.... anything looks possible.

So will continue the current strategy of saving in USD. I think the Aussie/USD is close to PPP so it isn't a case of one being overvalued or undervalued. The US deficit suggests that the USD should fall, but instead it might rise if interest rates do and eventually a recession close the gap instead...
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