Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: jimsioi who wrote (13481)	7/5/2003 8:24:41 AM
From: Louis V. Lambrecht	Read Replies (1) \| Respond to of 39344

if one's assets are based in a currency other than the dollar a mere dollar rally in GOLD is not meaningful That is the point. At $480 irregardless of where the dollar is in relation to the Euro, I most likely will have sold out too early. Yes, the second point. I also had a target for $425 gold this year. So we have to keep gold in other currencies in check in order to distinguish between a repricing of gold versus a weaker Dollar and a gold rally in all other currencies. If a real rally comes, I'll look at the Dow/gold ratio of 1 with less scepticism. <vbg>