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Politics : Welcome to Slider's Dugout

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To: RonMerks who wrote (9336)4/23/2008 7:10:26 PM
From: NOW  Read Replies (1) of 50072
 
hmmm:
stockcharts.com

gold rises, yen rises. in the perf charts gold seems to lead the moves in yen actually.
As the carry trade unwinds, the yen rises.
Edit: let me say, i cant figure this theory out. the yen and gold both seem to rise in tandem, fall intandem in recent weeks and longer...
a falling yen has in the past been associated with increased carry increased liquidity
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