Post by
Yukon_Cornelius on Sep 19, 2011 10:33am
Anomaly or the new norm?
I have noticed recently that the price of spot gold has not been moving inverse to the Dow/S&P. I spoke to a friend of mine about this on Friday. He's been a trader at the CBOT & private firms now for near 30yrs. He presently trades currencies for the most part. He says they are now their own animals and he expects them to stay that way going forward. We shall see. To that point, we will also see what QE3 brings if it happens. Interesting times.