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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (17680)3/31/2002 7:20:25 PM
From: lisalisalisa  Respond to of 74559
 
That makes sense.

But if this happened, might gold go up more than the difference between the rand and US$?

Although gold seems to be moving with the US$, and not inversely. I am guessing it has to do with japan...



To: LLCF who wrote (17680)3/31/2002 7:59:47 PM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 74559
 
if, gold rises at the same time (and that's a coincidental if), then the rising rand will be a non issue.



To: LLCF who wrote (17680)3/31/2002 8:44:33 PM
From: orkrious  Read Replies (1) | Respond to of 74559
 
I expect the $/Rand to reverse when the dollar crashes.

LLCF, isn't what's important that the SA miners are selling gold? With the $ crashing won't it just be the value of gold in relation to the $ that's important?



To: LLCF who wrote (17680)3/31/2002 9:09:43 PM
From: orkrious  Read Replies (1) | Respond to of 74559
 
One other point, if you like Canadians because of the $ crashing vs the Rand, why do you expect the $/Cdn$ relationship to be better than the $/Rand relationship?