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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: mcg404 who wrote (17830)4/4/2003 3:42:01 PM
From: sea_urchin  Read Replies (3) | Respond to of 81091
 
Thanks, John.

I have to say that's the same old USD "stew" being heated up again and again. I agree that what is happening with the US economy and the USD defies all logic and, accordingly, something should take the place of the greenback. Only, I don't believe it will be gold possibly for the simple reason that there isn't enough. Maybe Special Drawing Rights (SDRs) will, but that's another story.

>I'm not really trying to argue a point.

I appreciate that. I have used the argument myself.

>As I continue to contemplate pulling the plug on my gold investments

Or, maybe buying some more?!!

PS. Here's a guy who would agree with Contrary Investor.

rense.com

>>>The United States is collapsing around our ears. It's mixture of politically correct lunacy, corporate fascism, media spin control and economic decay is simply not sustainable for much longer. What the whore media parades as strength is really weakness. What we are told is wisdom is simply stupidity. What we are told about economic prosperity is in reality a rigged fraud, careening into a black hole of bankruptcy. Our deliberately undermined economic system will soon come crashing down, just as our historic enemies have carefully planned.<<<



To: mcg404 who wrote (17830)4/4/2003 7:35:31 PM
From: Ahda  Respond to of 81091
 
businessweek.com

You might want to read this.



To: mcg404 who wrote (17830)4/5/2003 2:36:11 PM
From: Gary H  Respond to of 81091
 
<Only passing on what I found to be interesting observations.>

Speaking of interesting observations, try this one;
Go to the German market page Comdirect at
informer2.comdirect.de

and under "Tools' click on "Chart Analyzer" and a gold chart will come up. Go to the top left corner and under "Anzeige" click on "3 Jahre"(years). Print that chart by clicking on "Drucken"and chose 650 x 450 Pixel for a landscape print out.
Then go to "Liste" on the left side of the page, and click on the arrow to the right of the box to display a sting of markets. At the bottom, is a the grey area with a down arrow, click on the grey area till you get to "Euro Kurse" and click on that(a good place to see how the Euro is doing against world currencies)and then click on "EUR/USD". When the chart come up(same time period, 3 years), go through the same print thing, only when you are going to do the actual printing, do it over top of the the one you did for "Gold".
There is a rough, same movement in the two, except for amplitude and one may lead the other at times, but notice that from Nov.27 2002 to Jan. 28 2003 they were lock step.
Since the Gold high the movements are pretty much the same but there is a wide amplitude and slightly off-set.
Conclution? I don't know? Would take a smarter man then me to say it is a really useful tool, but this, as said, is an interesting observation.
The only thing I can see, on second look, is that when the two meet and overlap, they move up.and when gold moves sharply higher then the Euro, gold comes down shortly after.

??????????