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To: Carlton G Glenn who wrote (4670)10/27/1997 11:54:00 PM
From: John Metcalf  Read Replies (2) | Respond to of 9262
 
< I was confused at first, but why, tell me why gold is not moving? >

Two things: The Swiss government announced plans to sell 1400 metric tonnes of gold. The Asian currency crisis is deflationary; gold has traditionally been a store of value to combat inflation.

Not to mention that gold has bearish chart of long duration -:)