Gold & Dollar

Discussion in 'Metal Futures' started by Rickshaw Man, Jun 22, 2005.

  1. Both are rising, what gives in these markets. Fed raising interest rates yet yields are flat to falling. The equity markets have been running in place for 18 months. Tough real tough out their.
  2. Gold rising b/c euro is falling. Euro is a significant reserve currency. Gold's small liquidity relative to the euro makes it sensitive to euro movement.
  3. not quite ready to concede that, yet. It may have sucked in a few players, but it's not a "significant reserve currency." fraying socialist unions don't have those.

    sea change in asset allocation. like bonds and dollar up in the same day. it's realignment; trend changes.