CCU
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0.00% 5.8¢ cobar consolidated resources limited

'for pm to rise sharply the usd has to drop sharply!'the price...

  1. aimone
    30,403 Posts.
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    13/03/13
    14:55
    Post #: 11532965
    'for pm to rise sharply the usd has to drop sharply!'

    the price of gold is inversely related to the usd!

    it's not rocket science!

    it's basic economics!

    http://symmetricinfo.org/2011/03/what-is-the-relationship-between-the-us-dollar-and-gold-prices/

    http://www.forexkarma.com/Gold-Usd-Correlation.html#.UT_4Ohz-HX4

    http://www.lbma.org.uk/assets/Alch6605Oconnor.pdf
    CCU Price at posting: 31.1¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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