SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Global Platinum & Gold (GPGI) -- Ignore unavailable to you. Want to Upgrade?


To: Gene Veinotte who wrote (4369)12/4/1997 1:55:00 PM
From: Chuck Bleakney  Read Replies (1) | Respond to of 14226
 
There are a number of ways to "read" this. My read is that it is simply an indicator of the relative strength of the U.S. Dollar.
The rest of the picture seems to support that reading.
You might even be able to say that it indicates the strength or
weakness of the world economy... based upon the ratio of gold to
various currencies. I'm not so sure how to read it in that light...

Chuck