SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Ride the Tiger with CD
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jennifersilversun who wrote (84792)6/8/2007 3:39:10 PM
From: dara  Read Replies (3) of 312968
 
DC said that the reason gold was down today was that Germany announced awful industrial production numbers which made the Euro go down. The US Dollar went up in relation to this as well the yield on the TLT long bond was up to 5.25% bringing buyers in. He feels gold will go up when there is a perception of change in the type of channel for inflation and their group is forecasting the yield to go up 200 basis points from the 4.75% mark. He is sticking with his call to buy gold stocks.

... Sorry TSL does a much better summary but since he's on holidays I took a stab at it.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News