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

To: goldsheet who wrote (95531)6/29/2003 4:29:03 PM
From: Real Man  Read Replies (1) | Respond to of 116764
 
I think de-hedging is somewhat similar to insider buying, which usually occurs at the bottom of bear markets. I guess the real question is what the central banks (and private citizen of emerging market economies) will do if (or when) the US dollar loses reserve currency status. So far, it lost some of it, but the foreign CBs are buying Euro. At its current level, the total gold rise is roughly in accord with the decline of the dollar value



To: goldsheet who wrote (95531)6/29/2003 4:30:35 PM
From: jimsioi  Read Replies (1) | Respond to of 116764
 
Bob Johnson, it's only a question of "when"

You are right, investment demand for gold has to increase for gold to move to new recent highs (390+). I believe the Gold ETF will be the vehicle that will light facilitate such activity among the internet investor group.

It is only a matter of when such trading begins....anything new on that?


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