time for round 2 the drop to 630, page-46

Hi Sabre,

if you were a hedge fund ... you'd want liquidity.
The Forex and Bond markets are more liquid than the Gold Futures market, and require less margin.

What you are seeing is a rise in the USD, and as a consequence a fall in everything else: EUR, AUD, etc..

If I was a hedge fund, I would be short EUR/USD because it is the most liquid way to profit from this.

There's also a trade in Buying short term bonds.

If the drop you speak of was due to a weakness in gold, it would be falling relative to other currencies, and it isn't.

Time to open your eyes to the rest of the financial world.

Joel