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

To: Zardoz who wrote (52460)5/8/2000 4:58:00 PM
From: russet  Read Replies (2) | Respond to of 116814
 
<<Greenspans actions, if he raises 0.50% or more in the following months will likely lead to a recession in 2001. This should HELP gold.>>

This recession relationship with gold seems counter intuitive, considering many believe gold correlates with inflation. I assume you have observed this in the past. Do you have an explanation?



To: Zardoz who wrote (52460)5/8/2000 5:05:00 PM
From: TATRADER  Respond to of 116814
 
one other technical comment on XAU..Today it did a 180, prior day closed in bottom 25% of daily range, today in upper 25% range...The XAU is still above its 50 day at 58.42 and 21 day at 57.09....I view that if we have a genuine bull market beginning in gold, the XAU will lead the POG...


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