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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: AuBug who wrote (44354)7/9/2007 11:29:04 AM
From: koan  Read Replies (1) of 78419
 
DJ re gold: I just don't know about that article. I always look at the dollar on Kitco everytime I check the metal. Almost everytime I look the inverse correlation is there staring back at me.

I know what a correlation is. Today gold is up $8 and the dollar is down .09. I still think the thing we all should be watching is what happens to the dollar if gold goes up. Will the dollar drop below 80, or if the dollar drops below 80 will gold make a large move.

I am putting my bets on the dollar/gold correlation holding.
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