Hi DazedandConfused and Timber.
It's certainly not something I have picked up but it has been pointed out by others that there has been a strong correlation between the moves down in Gold and the Yen. There is a very recent article with charts here :
http://rambus1.com/?p=28447
Take a look !!
I don't keep abreast of financial news at all times so was not aware the BOJ have pumped some new QE. My guess is this will weaken the Yen, which will strengthen the $US index which will put heat on gold.
There is another maybe less enlightening article I fished out the other day here :
http://www.cnbc.com/id/100803556#.
- Forums
- Commodities
- GOLD
- The gold bull ... it's over ... it's over ...
The gold bull ... it's over ... it's over ..., page-37
-
- There are more pages in this discussion • 203 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online