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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (2357)11/18/2003 8:04:37 PM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
Interest rate futures will not budge on gold.
PERIOD.
Gold is above 400 now as I type and Eurodollar futures are up right along with them.

Forget GOLD vs Interst rates.
100% meaningless.
Did interst rates hike when gold moved from 250 to 300 to 320 to 350 to 370 to 380 to 390?
no no no non no no no no
Are the Eurodollar futures moving up tonight?
Yes
Is gold moving up tonight?
Yes?
If gold hits $420 tomorrow will Eurodollar futures collapse?
Hell they will probably spike.

Oddly enough eurodollar futures bottomed as gold bottomed at 378 or whatever a week or so back.

Gold vs interest rates is an assinine comparison IMO

M