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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: Enigma who wrote (9130)4/11/2000 9:42:00 AM
From: Zardoz  Read Replies (1) | Respond to of 82019
 
And we're considering the dollar surely? And the US $ Index... you have to have a view that the dollar is headed for multi decade highs?

And the monetary policies of the Euro. Such as the dichotomy between Italy, France, and Germnay. The US fed's data, M2-M3, rates etc. The Canadian dollar {which is the most correlated with Gold [when you actually do the correct analysis of the CAD, which none have here]}

members.home.net

The US Dollar index need not hit multi decades highs for the price of gold to hit new lows. In the past, the DXY0 has had higher values. But it is the combined effect of many components that creates the situation where gold migrates lower.

Hutch