Just a quick one about LGL falling if the DOW goes down. Lately, it's been quite the opposite. LGL/Gold is going up when the DOW falls.'
Hi Robmillion,
Basically the way that I see it is that LGL will continue on an upward trend irrespective of what the DOW does so if that means that LGL is down one day due to profit taking then that is fine as the next day or 2 it will rise in line with a upward trend. The fact that it has been rising when the dow is down of late is due to a de-coupling. LGL will still rise if the DOW runs hard as well IMO.
This will continue so long as the price of Gold continues to slowly climb.
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