GOLD gold futures
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gold breaking out, page-15

  1. tr1ptych
    176 Posts.
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    05/01/10
    16:05
    Post #: 6164064
    Spot on Simjojim.

    Gold is not what people in the media portray it is.
    The 'risk appetite for gold' reference amuses me though!

    Correlations do not equal causations.

    So when the US dollar index goes down and gold priced in US dollars goes up proportionately, that is viewed by some as increased risk appetite for gold.

    Well no, that is a correlation not a causation.



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