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Gold/Mining/Energy : Int'l Pursuit (T.IPJ) -- Ignore unavailable to you. Want to Upgrade?


To: Ron Everest who wrote (671)3/30/1998 11:49:00 AM
From: Mikey  Read Replies (4) | Respond to of 835
 
Yeah, copper's been surprising lately...gold has been up and may be on its way up to 340 in the next 5-11 months, yet copper declined through last week.

I would think everything would move the same way - interest rates up, gold up, copper up. Could bond yields go down to 5.5% and gold up to 340? Does anyone know if those things ever move in opposite directions for extended periods of time? What about in the 80's...that was way before my time...was anyone out there watching things then?

M.

PS - 300,000 share block crossed at 3.50 today!