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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: philv who wrote (24275)	3/2/2006 2:58:14 PM
From: sea_urchin	Read Replies (1) \| Respond to of 81209

Phil > It is hard to keep a gold bug down. Oh, when the gold price goes up a few bucks you're a gold bug again! > It seems to me the gold price lately is quite bullish and sees to be firming? Yes, although I imagine the volatility is worrisome. > There are so many factors driving the POG, that any one of them could be responsible for the daily swings. I think lack of confidence in the US (economy and politics) is the main one -- and the most persistent. Certainly one that won't be going away in a hurry. The XAU has behaved very strangely and made me think it could even lead the gold price down. But, so far, it has held above the magic 130-133 level. Meanwhile, the ratio of the XAU to the gold price has fallen sharply. stockcharts.com[l,a]dalaynay[dh][pd50,2][ilb14!la12,26,9] This indicates to me that gold itself is the preferred medium of investment/speculation rather than gold shares.