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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (56487)11/26/2004 3:12:02 AM
From: TobagoJack  Respond to of 74559
 
it might be the case that both gold and oil will catch a bid from national governments, and so the collapse of either may not progress very far



To: Maurice Winn who wrote (56487)11/26/2004 4:16:16 AM
From: Taikun  Read Replies (3) | Respond to of 74559
 
Mq,

Gold lower today in CAD than on 1/1/04. Euro shows similar data. Until POG delinks from USD, no gold rally for most nations. There have only been a couple of days this year when dollar rose and gold rose. We need several of those, in a row, for a trend. Then, global investors may awake from their paper money slumber.

Data sources: engelhard.com for gold price and www.oanda.com for USD/CAD exchange rate.

Please see below date, exchange rate, date, USD gold and CAD gold from beginning of 04 to present. Gold in CAD is lower than at the start of the year by about 3%.

David

1/5/2004 1.2883 1/5/2004 421.97 543.623951
1/6/2004 1.2827 1/6/2004 425.77 546.135179
1/7/2004 1.286 1/7/2004 423.12 544.13232
1/8/2004 1.2908 1/8/2004 422.37 545.195196
1/9/2004 1.2808 1/9/2004 424.72 543.981376
1/12/2004 1.2716 1/12/2004 426.62 542.489992
1/13/2004 1.2764 1/13/2004 426.87 544.856868
1/14/2004 1.272 1/14/2004 420.86 535.33392
1/15/2004 1.2889 1/15/2004 413.85 533.411265
1/16/2004 1.2963 1/16/2004 409.74 531.145962
1/19/2004 1.3014 1/19/2004 407.94 530.893116
1/20/2004 1.3027 1/20/2004 410.6 534.88862
1/21/2004 1.2914 1/21/2004 408.94 528.105116
1/22/2004 1.301 1/22/2004 410.6 534.1906
1/23/2004 1.2956 1/23/2004 410.35 531.64946
1/26/2004 1.3174 1/26/2004 409.54 539.527996
1/27/2004 1.3146 1/27/2004 407.04 535.094784
1/28/2004 1.3054 1/28/2004 412.35 538.28169
1/29/2004 1.3257 1/29/2004 407.04 539.612928
1/30/2004 1.3305 1/30/2004 401.08 533.63694
2/2/2004 1.3305 2/2/2004 399.68 531.77424
2/3/2004 1.3379 2/3/2004 402.78 538.879362
2/4/2004 1.3379 2/4/2004 400.58 535.935982
2/5/2004 1.3336 2/5/2004 400.88 534.613568
2/6/2004 1.3389 2/6/2004 405.59 543.044451
2/9/2004 1.3286 2/9/2004 407.29 541.125494
2/10/2004 1.3282 2/10/2004 409.89 544.415898
2/11/2004 1.3307 2/11/2004 407.09 541.714663
2/12/2004 1.3144 2/12/2004 412.95 542.78148
2/13/2004 1.3194 2/13/2004 417.36 550.664784
2/17/2004 1.3165 2/17/2004 415.85 547.466525
2/18/2004 1.3108 2/18/2004 415.85 545.09618
2/19/2004 1.3252 2/19/2004 411.15 544.85598
2/20/2004 1.3312 2/20/2004 406.59 541.252608
2/23/2004 1.3375 2/23/2004 400.83 536.110125
2/24/2004 1.3372 2/24/2004 403.58 539.667176
2/25/2004 1.3294 2/25/2004 401.58 533.860452
2/26/2004 1.3358 2/26/2004 394.57 527.066606
2/27/2004 1.3429 2/27/2004 397.17 533.359593
3/1/2004 1.3351 3/1/2004 401.33 535.815683
3/2/2004 1.3397 3/2/2004 397.07 531.954679
3/3/2004 1.343 3/3/2004 391.81 526.20083
3/4/2004 1.339 3/4/2004 393.32 526.65548
3/5/2004 1.3334 3/5/2004 400.58 534.133372
3/8/2004 1.3213 3/8/2004 401.18 530.079134
3/9/2004 1.3213 3/9/2004 402.83 532.259279
3/10/2004 1.3213 3/10/2004 401.58 530.607654
3/11/2004 1.3236 3/11/2004 399.78 529.148808
3/12/2004 1.3199 3/12/2004 399.33 527.075667
3/15/2004 1.3344 3/15/2004 399.43 532.999392
3/16/2004 1.3343 3/16/2004 403.83 538.830369
3/17/2004 1.3329 3/17/2004 404.08 538.598232
3/18/2004 1.3389 3/18/2004 412.1 551.76069
3/19/2004 1.3288 3/19/2004 413.35 549.25948
3/22/2004 1.3343 3/22/2004 419.01 559.085043
3/23/2004 1.3338 3/23/2004 417.61 557.008218
3/24/2004 1.3327 3/24/2004 416.61 555.216147
3/25/2004 1.3415 3/25/2004 417.46 560.02259
3/26/2004 1.3295 3/26/2004 422.87 562.205665
3/29/2004 1.3195 3/29/2004 422.62 557.64709
3/30/2004 1.3097 3/30/2004 421.36 551.855192
3/31/2004 1.3081 3/31/2004 425.07 556.034067
4/1/2004 1.311 4/1/2004 428.63 561.93393
4/2/2004 1.3074 4/2/2004 420.36 549.578664
4/5/2004 1.3138 4/5/2004 419.06 550.561028
4/6/2004 1.3131 4/6/2004 419.86 551.318166
4/7/2004 1.3089 4/7/2004 420.36 550.209204
4/8/2004 1.3105 4/8/2004 420.86 551.53703
4/12/2004 1.3334 4/12/2004 419.46 559.307964
4/13/2004 1.3367 4/13/2004 409.24 547.031108
4/14/2004 1.3344 4/14/2004 399.08 532.532352
4/15/2004 1.3459 4/15/2004 399.58 537.794722
4/16/2004 1.3439 4/16/2004 402.18 540.489702
4/19/2004 1.3466 4/19/2004 404.44 544.618904
4/20/2004 1.3454 4/20/2004 398.17 535.697918
4/21/2004 1.3571 4/21/2004 394.07 534.792397
4/22/2004 1.3602 4/22/2004 393.62 535.401924
4/23/2004 1.3555 4/23/2004 395.82 536.53401
4/26/2004 1.3614 4/26/2004 398.32 542.272848
4/27/2004 1.3495 4/27/2004 397.57 536.520715
4/28/2004 1.3506 4/28/2004 393.57 531.555642
4/29/2004 1.3745 4/29/2004 387.31 532.357595
4/30/2004 1.371 4/30/2004 389.81 534.42951
5/3/2004 1.3723 5/3/2004 387.8 532.17794
5/4/2004 1.3731 5/4/2004 392.57 539.037867
5/5/2004 1.369 5/5/2004 393.87 539.20803
5/6/2004 1.3752 5/6/2004 388.81 534.691512
5/7/2004 1.3775 5/7/2004 382.1 526.34275
5/10/2004 1.3839 5/10/2004 376.29 520.747731
5/11/2004 1.3911 5/11/2004 376.54 523.804794
5/12/2004 1.3879 5/12/2004 383.5 532.25965
5/13/2004 1.3883 5/13/2004 376.44 522.611652
5/14/2004 1.3934 5/14/2004 377.79 526.412586
5/17/2004 1.3895 5/17/2004 384.25 533.915375
5/18/2004 1.3959 5/18/2004 378.99 529.032141
5/19/2004 1.3906 5/19/2004 382.05 531.27873
5/20/2004 1.377 5/20/2004 380.8 524.3616
5/21/2004 1.3685 5/21/2004 386.61 529.075785
5/24/2004 1.3735 5/24/2004 385.3 529.20955
5/25/2004 1.3706 5/25/2004 390.21 534.821826
5/26/2004 1.3734 5/26/2004 390.96 536.944464
5/27/2004 1.3707 5/27/2004 394.92 541.316844
5/28/2004 1.3584 5/28/2004 394.57 535.983888
6/1/2004 1.3641 6/1/2004 398.53 543.634773
6/2/2004 1.3666 6/2/2004 396.17 541.405922
6/3/2004 1.3625 6/3/2004 391.66 533.63675
6/4/2004 1.3619 6/4/2004 389.61 530.609859
6/7/2004 1.3509 6/7/2004 394.92 533.497428
6/8/2004 1.3461 6/8/2004 393.67 529.919187
6/9/2004 1.3482 6/9/2004 388.16 523.317312
6/10/2004 1.359 6/10/2004 386.25 524.91375
6/11/2004 1.3608 6/11/2004 386.15 525.47292
6/14/2004 1.3649 6/14/2004 386.4 527.39736
6/15/2004 1.3746 6/15/2004 387.81 533.083626
6/16/2004 1.3692 6/16/2004 386.55 529.26426
6/17/2004 1.375 6/17/2004 387.41 532.68875
6/18/2004 1.3728 6/18/2004 396.42 544.205376
6/21/2004 1.364 6/21/2004 396.57 540.92148
6/22/2004 1.3646 6/22/2004 397.07 541.841722
6/23/2004 1.3587 6/23/2004 395.22 536.985414
6/24/2004 1.3596 6/24/2004 401.33 545.648268
6/25/2004 1.3462 6/25/2004 402.83 542.289746
6/28/2004 1.3537 6/28/2004 405.59 549.047183
6/29/2004 1.3472 6/29/2004 395.72 533.113984
6/30/2004 1.3453 6/30/2004 397.12 534.245536
7/1/2004 1.3333 7/1/2004 396.12 528.146796
7/2/2004 1.3319 7/2/2004 399.08 531.534652
7/6/2004 1.327 7/6/2004 395.82 525.25314
7/7/2004 1.3275 7/7/2004 400.98 532.30095
7/8/2004 1.3225 7/8/2004 406.69 537.847525
7/9/2004 1.317 7/9/2004 407.84 537.12528
7/12/2004 1.3184 7/12/2004 407.69 537.498496
7/13/2004 1.3185 7/13/2004 402.23 530.340255
7/14/2004 1.3192 7/14/2004 405.14 534.460688
7/15/2004 1.3222 7/15/2004 404.49 534.816678
7/16/2004 1.3248 7/16/2004 407.64 540.041472
7/20/2004 1.3077 7/20/2004 401.33 524.819241
7/21/2004 1.3133 7/21/2004 399.83 525.096739
7/22/2004 1.3233 7/22/2004 399.08 528.102564
7/23/2004 1.3172 7/23/2004 392.82 517.422504
7/26/2004 1.3216 7/26/2004 392.06 518.146496
7/27/2004 1.3318 7/27/2004 391.16 520.946888
7/28/2004 1.3326 7/28/2004 388.61 517.861686
7/29/2004 1.3298 7/29/2004 388.61 516.773578
7/30/2004 1.3267 7/30/2004 392.72 521.021624
8/2/2004 1.3294 8/2/2004 392.82 522.214908
8/3/2004 1.332 8/3/2004 392.26 522.49032
8/4/2004 1.317 8/4/2004 392.82 517.34394
8/5/2004 1.3153 8/5/2004 392.16 515.808048
8/6/2004 1.3183 8/6/2004 400.33 527.755039
8/9/2004 1.3113 8/9/2004 400.33 524.952729
8/10/2004 1.3182 8/10/2004 400.83 528.374106
8/11/2004 1.3186 8/11/2004 395.17 521.071162
8/12/2004 1.325 8/12/2004 395.47 523.99775
8/13/2004 1.3304 8/13/2004 398.07 529.592328
8/16/2004 1.3145 8/16/2004 402.98 529.71721
8/17/2004 1.3074 8/17/2004 402.63 526.398462
8/18/2004 1.3069 8/18/2004 403.78 527.700082
8/19/2004 1.3053 8/19/2004 407.84 532.353552
8/20/2004 1.2983 8/20/2004 411.9 534.76977
8/23/2004 1.2981 8/23/2004 411.95 534.752295
8/24/2004 1.3086 8/24/2004 407.54 533.306844
8/25/2004 1.3067 8/25/2004 407.34 532.271178
8/26/2004 1.3056 8/26/2004 407.39 531.888384
8/27/2004 1.3079 8/27/2004 406.44 531.582876
8/30/2004 1.3136 8/30/2004 408.59 536.723824
8/31/2004 1.3194 8/31/2004 408.59 539.093646
9/1/2004 1.3132 9/1/2004 408.99 537.085668
9/2/2004 1.3075 9/2/2004 407.44 532.7278
9/3/2004 1.3003 9/3/2004 402.48 523.344744
9/7/2004 1.2988 9/7/2004 399.43 518.779684
9/8/2004 1.2874 9/8/2004 397.62 511.895988
9/9/2004 1.2909 9/9/2004 400.03 516.398727
9/10/2004 1.2881 9/10/2004 402.68 518.692108
9/13/2004 1.2905 9/13/2004 400.63 517.013015
9/14/2004 1.3017 9/14/2004 406.59 529.258203
9/15/2004 1.2935 9/15/2004 405.79 524.889365
9/16/2004 1.2975 9/16/2004 404.74 525.15015
9/17/2004 1.291 9/17/2004 407.04 525.48864
9/20/2004 1.2983 9/20/2004 405.64 526.642412
9/21/2004 1.2946 9/21/2004 409.84 530.578864
9/22/2004 1.2869 9/22/2004 406.69 523.369361
9/23/2004 1.284 9/23/2004 412.85 530.0994
9/24/2004 1.2796 9/24/2004 409.19 523.599524
9/27/2004 1.2756 9/27/2004 410.55 523.69758
9/28/2004 1.2722 9/28/2004 413.05 525.48221
9/29/2004 1.2726 9/29/2004 414.3 527.23818
9/30/2004 1.2699 9/30/2004 417.01 529.560999
10/1/2004 1.2618 10/1/2004 419.46 529.274628
10/4/2004 1.2584 10/4/2004 413.9 520.85176
10/5/2004 1.273 10/5/2004 416.76 530.53548
10/6/2004 1.2617 10/6/2004 419.81 529.674277
10/7/2004 1.2595 10/7/2004 419.46 528.30987
10/8/2004 1.2618 10/8/2004 423.12 533.892816
10/11/2004 1.2517 10/11/2004 423.07 529.556719
10/12/2004 1.2559 10/12/2004 416.05 522.517195
10/13/2004 1.2569 10/13/2004 412.6 518.59694
10/14/2004 1.2575 10/14/2004 416.71 524.012825
10/15/2004 1.2566 10/15/2004 421.76 529.983616
10/18/2004 1.2534 10/18/2004 420.46 527.004564
10/19/2004 1.2581 10/19/2004 420.71 529.295251
10/20/2004 1.2572 10/20/2004 424.97 534.272284
10/21/2004 1.2461 10/21/2004 423.87 528.184407
10/22/2004 1.2429 10/22/2004 424.17 527.200893
10/25/2004 1.2339 10/25/2004 430.53 531.230967
10/26/2004 1.2214 10/26/2004 428.88 523.834032
10/27/2004 1.2269 10/27/2004 429.63 527.113047
10/28/2004 1.2269 10/28/2004 425.57 522.131833
10/29/2004 1.2242 10/29/2004 426.92 522.635464
11/1/2004 1.2181 11/1/2004 430.23 524.063163
11/2/2004 1.2228 11/2/2004 425.57 520.386996
11/3/2004 1.2244 11/3/2004 424.87 520.210828
11/4/2004 1.2092 11/4/2004 431.88 522.229296
11/5/2004 1.2078 11/5/2004 432.38 522.228564
11/8/2004 1.1948 11/8/2004 433.28 517.682944
11/9/2004 1.1942 11/9/2004 435.04 519.524768
11/10/2004 1.2005 11/10/2004 434.79 521.965395
11/11/2004 1.1943 11/11/2004 435.19 519.747417
11/12/2004 1.1962 11/12/2004 437.44 523.265728
11/15/2004 1.1934 11/15/2004 438.99 523.890666
11/16/2004 1.2007 11/16/2004 440.8 529.26856
11/17/2004 1.196 11/17/2004 444.85 532.0406
11/18/2004 1.1936 11/18/2004 443.4 529.24224



To: Maurice Winn who wrote (56487)11/27/2004 11:43:28 AM
From: BubbaFred  Respond to of 74559
 
<<...Oil has gone from $15 a barrel to $50...>> Then dip to 40-42 range before moving to 70. How long it will stay at 40-42 or how soon it reach 70 depend on worldwide economic bust or boom. China's demand (no matter how much energy conservation measures implemented) complemented by the frothy don't care attitude in US and western societies, they will keep demand very high and higher. This is not factoring the demand that may come from India and southeast Asia.