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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (41712)	10/1/1999 1:09:00 AM
From: Zardoz	Read Replies (4) \| Respond to of 116762

The XAU needs the US Dollar Index to continue its decline or else its quite vulnerable here. Gold is primarily a Currency. The shorts will take control of the XAU very quickly again if the Dollar Index turns against Gold. The real story behind Gold is always the US Dollar Index. No it isn't. The real story behind gold is the Canadian & Australian currencies. Which is how you know this Gold rally won't last. Even though those currencies make up part of the US dollar broad index. Hutch