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Politics : Welcome to Slider's Dugout
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To: SliderOnTheBlack who wrote (10957)7/25/2008 6:46:55 PM
From: Fun-da-Mental#1  Read Replies (1) of 50101
 
"a major RV manufacturer (Monaco Coach) announced plant closings"

Since RVs are luxury goods, they are very cyclical and well known to be a barometer of the health of the economy.

Let's consider the fact that the main use of gold is in jewellery, which of course is a luxury. We used to hear a lot about jewellery demand from India driving up the gold price. Look at India now:

stockcharts.com

Fun-da-Mental
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