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

To: goldsheet who wrote (94900)	5/7/2003 11:22:41 AM
From: Real Man	Read Replies (1) \| Respond to of 116753

Something to note: 1) Gold rallied 6.4% in April, exactly matching USDX decline. Thus, gold just stayed where it was, only USD declined. USD-gold relationship is extremely strong. 2) Most countries book oil profits using 3-month futures. Thus, this month should give to oil-producing countries record revenues, which will result in record sales of the dollar. 3) count 3 months from the oil peak to find WHEN the buck should rally, gold should fall. It will be early June.