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To: Claude Cormier who wrote (21010)11/20/2004 12:02:46 AM
From: Lhn5  Read Replies (2) | Respond to of 312409
 
What is the symbol for the gold etf?



To: Claude Cormier who wrote (21010)11/20/2004 8:52:35 AM
From: tyc:>  Read Replies (3) | Respond to of 312409
 
I listened to VanEden (sp?) yesterday and was impressed. He spoke of gold, not as money but as a "monetary asset", and he explained that its price dropped so low because the US$ became inflated in value . (I buy that!)

Gold and the $US are two monetary assets, but they are not the only two ! Here is a twenty year chart of the relative strength of gold and the C$: gold measured in terms of the C$.

Can one draw any prediction from the experience displayed ? I think so !

stockcharts.com[w,a]mallnnay[pi!f][iLb6!La12,26,9!Ll8!Lh14,3!Lyb50,2.0]&pref=G

(if the twenty plus years of this chart does not display, could someone let me know please ?)