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.
Gold/Mining/Energy : Gold Price Monitor
GDXJ 94.04+0.6%Nov 21 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: goldsnow who wrote (28267)2/15/1999 12:21:00 AM
From: Hawkmoon  Read Replies (2) of 116764
 
Goldsnow,

Thanks for the great article. I think that was a fine example of just how bizarre and complex this interplay has become between the various currencies and their bonds.

Do you think that this interplay will continue to undermine gold?

The point being that if traders can sell dollars and buy yen, in anticipation of their March 31st book closing, they can make some fairly secure profits.

Then they can turn around and buy dollars at around 112 yen, as that is the point of pain for maintain Japanese export revenues/profits.

So long as there is continued interplay and jockeying between the major currencies, I wonder if gold will enter into the equation.

Thanks again for the article.

Ron
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