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


To: long-gone who wrote (28387)2/16/1999 11:55:00 AM
From: Zardoz  Read Replies (2) | Respond to of 116764
 
"OK, the dollar index moved inverse to gold. Is that what you wanted me to see? Is this not what we should expect?"

That's all it's ever been, no GATA manipulations. Just continual strength of the USA dollar. Remeber the XEU, the old EMU currency index. It was held up for years by the British Pound component. Now that the Euro has been made, and the doesn't contain a GBP component, the true demise of the currnecies in Europe will show. This is why positions could be placed on in the past with very little concern of covering. All you need do is back trace the Euro back 5-10 years to see the trend. With that Euro easing, will follow the POG which they will use to control the Euro.

Today your answer has placed the first block of understanding onto the foundation of economics that move the POG. Someday you may see that their is only an upward bias that the USA government places on GOLD.