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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (12164)6/10/2003 1:12:05 PM
From: ild  Respond to of 39344
 
Russ, in the past couple years stocks led the moves in the bullion. IMO this has changed. Now stocks don't trust the bullion. Last week POG went down 0.2% and XAU went up 4.9%. To me this indicates that now stocks believe that $340-350 POG will hold.



To: russwinter who wrote (12164)6/10/2003 4:48:54 PM
From: jrhana  Read Replies (1) | Respond to of 39344
 
Interesting that so far at least the USD is not charging higher as one would expect with the POG drop

Stocks did make a partial comeback at the end


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