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To: nwctwx
I don't have access to historical charts right now...I can get them when I get home...but I believe they are pretty close. But gold jumping from $402 to $413 in 2-3 days is huge. It is most likely that the price of oil is affecting gold, but who knows...
3,221 posted on 08/20/2004 10:20:47 AM PDT by tmp02
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To: tmp02

Yeah, it does sound like a big jump over a short period. I bet you are right with oil affecting it to some degree. Thanks for the updates.


3,222 posted on 08/20/2004 10:25:01 AM PDT by nwctwx
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To: tmp02
You know...if gold is consistently high and stocks seem to be going up, either stocks or gold will have to flinch. In this scenario, a positive stock price and positive gold run up could mean that the "big boys" (in stocks) are trying to prepare their positions (to stick it to the small investor) before they pull everything out and stock crash. Let's see if this is the case this time.
3,223 posted on 08/20/2004 10:27:29 AM PDT by tmp02
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To: tmp02
But gold jumping from $402 to $413 in 2-3 days is huge.
~~~~~~~~~~~~~~~~~~~
I have never been concerned over gold, But do want to keep up with it. I know a lady and all she and her friend's do is play the gold game everyday. I am talking big money enough between them all to change the flow. (apply tin foil if needed) This is true story! They will sell today and make kziollions on the gold they already own, then it will go down and the will buy over and over and over it goes.

Anyway what I want to your opinion on is this. Our dollar is down which is good we are buying imports at lower prices including the whole world. Now oil is only sold by the dollar and the EU'ers are trying to change that. China refuses to lower their currency. Russia is setting over there with all natural resources but they are squeezing the oil company's?
What are the possibility of the oil going to the Euro?
3,228 posted on 08/20/2004 10:53:40 AM PDT by DAVEY CROCKETT (Character exalts Liberty and Freedom, Righteous exalts a Nation.)
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To: crabbie
Full size
3,381 posted on 08/20/2004 10:40:49 PM PDT by JustPiper (I once had a pinglist a mile long....took me BumPING all day long)
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