The USD continues down over the last 3+ weeks which
should account for part of gold's (denominated in
USD) rise over that period of time. The USD tends to
buy less gold so more of 'em are needed to buy the
same amount as a while ago. The Yen continues down.
Not a good sign for Japan.
Light sweet crude and heating oil (denominated in USD)
continue down over that same period of time. Temporarily
less demand for USD to buy oil?
The Swiss Franc, British Pound, Euro continue up, priced
in USD over that period of time. Currencies are a
relativity game in addition to being a confidence game.
Bob
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