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


To: russwinter who wrote (75173)8/17/2001 8:51:17 AM
From: re3  Read Replies (1) | Respond to of 116927
 
did gold just suddenly pop a couple of bucks ?



To: russwinter who wrote (75173)8/17/2001 9:21:42 AM
From: yard_man  Read Replies (1) | Respond to of 116927
 
where are you seeing this 0.05 move -- has it backed off now?



To: russwinter who wrote (75173)8/17/2001 1:08:08 PM
From: tyc:>  Read Replies (1) | Respond to of 116927
 
>>I see Aussie strength as very bullish for POG, more so than about any other currency(short BOTH Aussie and gold, double whammy)

Russ, I continue to dispute this !! Imagine an Aussie producer that has forward sold its entire production for Aussie Dollars. That means it is not producing gold anymore, it is producing Aussie Dollars ! The more valuable the Aussie Dollar, the more valuable its production. How can you say that it is short Aussie dollars ?