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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: Yogizuna who wrote (708)8/6/2002 2:00:28 PM
From: Louis V. Lambrecht  Read Replies (1) | Respond to of 48092
 
I guess the answer is in the US Dollar.
Btw, got a H&S on the EUR/USD pair hinting for 0.94.
This makes gold dearer in foreign currencies and should weight on the PoS.
I would not rule out a PoS of $295 in the next weeks. Even 280.
Likewise, with a stronger Dollar, the reaction on the Dow could sent the print in the high 9000's. (200DMA is 9700ish).
A fun to watch.
If you know a way to trade this, jot me a note.
I am absolutely clueless.
Cross eyed . Yup! Best one can say. ROFL.