After yesterday's stocks rally, investors are in a wait and see mode , cautiously waiting for more 'signs'. The Bulls and Bears will have at it again before the week is over. One day to go.
Check out the link below and see a very interesting 15-minute chart comparing Gold and the USDollar. They are inversely correlated entities.
Click here to see USGold and USDollar Inverse Correlation. The tug of war continues.
Check out the positive correlation between Gold and US30 (Dow 30 Index):
Click to see the 'Teamwork' between the Dow30 and Gold:
And which will reign long term? USDollar or is it Gold? Remember USDollar is used to buy Gold and Oil.
Joe Joson
USA
blackhawk74@yahoo.com
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