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To: long-gone who wrote (33973)5/15/1999 10:18:00 PM
From: The Barracudaâ„¢  Read Replies (2) | Respond to of 116934
 
FRom Gold.com

% Change of 30-year bond rate & % Change of gold price
(GOLD.com) May 15, 21:01

I have no doubt few will see this post and therefore most will probably not appreciate the significance.

During the last 18 years there is an uncanny direct relationship between the Percent change of the 30-year bond yield AND the percent change of the gold price.

Here are the most cardinal reversals during the 18 year period.

1982
the 30-yr bond yld % change was 40%, while the gold percent price change was 80%

1986
the 30-yr bond yld % change was 65%, while the gold percent price change was 70%

1989
the 30-yr bond yld % change was 20%, while the gold percent price change was 30%

1992/93
the 30-yr bond yld % change was 50%, while the gold percent price change was 30%

Once again, interest rates are on the move. CONSEQUENTLY, gold TOO must INEVITABLY be on the move!

Goldman Sachs or no Goldman Sachs! Rubin or no Rubin.
Gold will rise.