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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Dwight Taylor who wrote (6272)1/19/1998 2:58:00 PM
From: Bobby Yellin  Read Replies (1) | Respond to of 116764
 
would you mind giving his explanation..
I made a a major blunder..by not giving full credence to the
dollar becoming the safe haven and replacing gold as a safe haven..
I was superficially assuming since gold is denominated in dollars it
would have an inverse relationship...instead of focussing on the
safe haven of the dollar...
Since nothing seems to be pegged to gold except our hopes..wonder
why that argument by Janeway holds true..
thank you
bobby