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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (14921)6/29/2002 7:48:41 PM
From: Murray Grummitt  Read Replies (1) | Respond to of 36161
 
"The XAU serves as a LEADIING INDICATOR of the gold price" Agreed, as I have often observed this behaviour, but fail to understand the mechanism by which it works. I don't believe the majority of PM stock investors are savvy enough to anticipate gold price fluctuations so I am left with gold traders following share price fluctuations or lack thereof, which doesn't sound plausible!