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

To: goldsheet who wrote (92779)1/23/2003 10:49:01 AM
From: long-gone  Respond to of 116791
 
<<At $360 gold, XAU should be pushing 95, up 20% from where we are. >>

Have you created a formula where-by the book value of XAU member reserves should increase by "X" for each dollar of gold price increase / .0X price of silver increase?



To: goldsheet who wrote (92779)1/23/2003 4:46:07 PM
From: Hugh A  Respond to of 116791
 
Bob: It looks like the POG-XAU divergence might be discounting the possibility of a no-war (exile) outcome in Iraq. If this happens, the POG might return to a more realistic valuation against XAU - possibly $325-335. It certainly looks like Georges le roi wants his war, but will he get it? Time will tell.

Hugh A.


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