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Politics : Welcome to Slider's Dugout

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To: SliderOnTheBlack who wrote (3888)	11/29/2006 7:57:13 AM
From: Fun-da-Mental#1	Read Replies (2) of 50725

"What caused the violent collapse of gold back in May" - I thought you were going to say the change in interest rates and inflation rates. Normally the gold price correlates with these. The period of rising gold prices was the period when the Fed hiked rates 17 times. Interest rates peaked in May and so did the gold price. GOLD stockcharts.com FVX stockcharts.com GOLD/FVX stockcharts.com Note how this last chart is relatively flat overall (compared to the previous two) meaning the ratio is fairly constant. Note also the ratio is now at a peak as high as the one it reached in May. Fun-da-Mental P.S. Can someone tell me how to copy graphics directly into the message?

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