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Gold/Mining/Energy : Gold Price Monitor
GDXJ 145.00+2.0%4:00 PM EST
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To: goldsnow who wrote (17147)9/1/1998 1:02:00 PM
From: Alex  Read Replies (3) of 116906
 
Agree with you on U.S. $ falling as opposed to gold rising right now. Question. For the better part of 18 months now we have watched gold fall (or was it $ rise). For all of this time period it was seen as bullish for the Dow as inflation was seen to be under control. However, as of late, we have seen the stock market fall and bonds rise as gold fell. Do you see a shift in psychology here? In other words, will gold have to rise to save the Dow? Or have I had one too many coffee today : - )
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