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To: Grampa Dave

FWIW, the gold stocks ($XAU for example) tend to track gold itself by about 2x, e.g. 1% move in gold corresponds to roughly a 2% move in $XAU.

But today $XAU is down barely a percent although gold is wallowing at $632, down 4.7% from its high of $660 at the surpringly non-random time of exactly one minute before the end of May (GMT).


156 posted on 06/01/2006 9:58:50 AM PDT by jiggyboy (Ten per cent of poll respondents are either lying or insane)
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To: jiggyboy

Interesting how a few minutes can make the difference between losses or gains.


159 posted on 06/01/2006 10:06:18 AM PDT by Grampa Dave (There's a dwindling market for Marxist homosexual lunatic wet dreams posing as journalism)
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