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

To: goldsheet who wrote (63247)2/2/2001 8:05:46 PM
From: Rarebird  Respond to of 116779
 
Bob, if I'm not mistaken, you claimed that the dollar would need to go below 100 before Gold would rally. I said below 105.

If the dollar index is not below the 100 or 105 level, the Futures Market is telling us what it thinks of the growth(or in this case, recessionary) prospects of the economies of the primary trading partners of the US.

In the fall of 98, the dollar fell to about 93 and the POG only rose to about $305.


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