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To: getbillnow
Gold foil hat ON.

Supposedly the price of Gold rises because nervous investors are selling their stocks and buying Gold.

Gold foil hat OFF.

In this case it appears that some investors are selling gold to buy into the marker (Dow Jones now up 170).

7 posted on 07/24/2002 8:37:08 AM PDT by Fitzcarraldo
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To: Fitzcarraldo
Thank you. That makes a lot of sense.
10 posted on 07/24/2002 8:42:09 AM PDT by getbillnow
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To: Fitzcarraldo
Gold essentially tracks the dollar. If the dollar continues to weaken, gold should track higher. It is, however, a rigged market.
11 posted on 07/24/2002 8:42:45 AM PDT by Dog Gone
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