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Robyn you can't use bonds you have to use yields instead to get the correct
correlation. You also need to chart cash gold I would think.
Robert
At 10:01 PM 5/25/1999 -0400, Robyn Greene wrote:
>I was really scratching my head when I heard that piece on CNBC - because
I chart
>both gold and bonds - and have never seen the kind of correlation he was
talking
>about. Wonder what his methodology was? Anyway - my conclusion (from a
lot of
>work) is that anyone who works with bonds based on gold prices does so at his
>peril (but don't take my word for it - do the work yourself). Robyn
>
>Robert Cummings wrote:
>
>> I understand what your saying but he was using yields so both were going
>> down. He said it was the strongest correlation he has ever seen 6.5%. If it
>> worked for the past ten years then it does point to deflation as opposed to
>> inflation. The Feds have changed bias to tighten 15 times in the past but
>> only did 3 times. This could be very valuable information if it's to be
>> believed.
>>
>> Robert
>>
>
>
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