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

To: Jim McMannis who wrote (33999)	5/16/1999 7:03:00 PM
From: The Barracuda™	Read Replies (2) \| Respond to of 116941

That post of mine was a cut and paste from another site. The author just notes that bonds and gold have an inverse relationship. I suspect that that the author didn't care about the direction of the change except that it was consistant. So, since bond yeilds have gone from (guessing) 4.5% to 6 % which is about 33% that should be about a 50% rise in gold $275 to $413 Hmmm, bonds in the 60's went from 2-3% to 15% in 1980 and gold went from $35 to $875