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

To: long-gone who wrote (83610)	3/22/2002 9:31:17 AM
From: Zardoz	Read Replies (2) \| Respond to of 116759

Didn't you say any move in gold price would also show in moves in $A & $C? NO, that's not exactly what I said. It was more like this. For any real rally in gold to exist Both the Canadian and Aussie dollars would rise either before or simultaneous with the POG. AND for a real sustained rally to exist you'd also need to factor in US M1, M2, M3 data as well as 1, 5, 10, 30 year treasuries, and other economical values I discussed some 50K post ago. But I did say that the CAD AUS are both highly correlated to the POG. And that the USD is neither correlated nor inversely correlated. But the US Data mentioned are correlated in scalar proportions, and that a Formula of such can be created that gives a .9xxx+ correlation that can be back tested and verified to predict the future action of GOLD such formula was defined, although values weren't given a long time ago. And any smart ass person on here could've applied dynamic system analysis to gain such values. And that is what I based my demise of gold on in the past and pretty dam right it was. If not for a HD crash I'd still have that data. But I no longer care about gold, so can't be bothered re-working it out. They, have I made myself clear? Gold has gone from $252-255 to current range of $289-300. Has there been the same % moves in these currencies? No there hasn't been the same rise in CAD or AUS which is why this recent POG {rally if you prefer} is suspect. And is also one of the reason for my HIGH & LOW predictions on Bob Johnson guessing contest. Or in simple words... I predicted the high early in the year, for around Feb time frame, and the lows near the end of the year. Or even simplar: I say this is a false 'rally'. But you can and always do see the wrong side of the coin and take it to be the reason for events to happen. Many here think that the USD is ready to fall, and it may well. But then IT'S not correlated to the POG UNLESS you look into the reason for the falling USD. BUT consider Growth in USA, if it is higher then elsewhere as it likely will be, with the exception of Canada, then the POG is likely due to fall as others invest into the USA markets.