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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.96+0.2%Nov 19 4:00 PM EST

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To: Slagle who wrote (18050)5/4/2007 10:37:13 PM
From: elmatador  Read Replies (1) of 217901
 
Gold is flat. The price moves are result of the currency it is priced in. Golod owners demand more of that currency it is priced in because that currency has fallen.

Brazil Central Bank accumulates more USD because the value of the USD has gone down and it recieves more USD for the commodities it is exporting.
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