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


To: Ken Benes who wrote (60722)11/9/2000 3:00:03 PM
From: Zardoz  Read Replies (1) | Respond to of 116764
 
You make the assumption that a $1.40 rise in Dec futures is important versus a near neutral XAU. What of the other reasons why producers don't keep pace with Gold's rise? I've said before that the correlation between the XAU and Gold is weak... noone has ever asked if the correlation between the hedgers and gold is strong. You want a list of reason, start with oil, surely you can guess some more?

Hutch
PS: if you hate gold so much, why post?
PPS: Dick Tracy? How did you know I have a secret decoder video wrist watch?