Amory,Gold has recently made a break to the upside, and so did...

Amory,

Gold has recently made a break to the upside, and so did the USD at the same time.

USD is going up primarily because of the widening interest rate differentials between US and much of the world. Alan Greenspan's last testimony gave a hint that there will be one or two more rate hikes and then i guess a wait and see measured approach.

The recent break in the Gold/USD relationship indicates that Gold is now more strongly infuenced by factors much more important than the value of USD. Watch the markets very closely in January and February. You will know what to do.

Cheers
Zackman