Excuse the ignorant question: what's the difference between the Treasury Bond 
Index return and just buying bonds and holding to maturity? 

Thanks, 

Joanna 

----- Original Message -----
Jim: 

> huh? didn't you post "Gold Monthly Price - US Dollars per Troy Ounce"? 

Yes, I did! 

Clearly, there is a positive and high correlation between the Long 
Term US Treasury Bond Index returns and the Gold returns, but this 
does not mean that the US dollar and the Gold are one and the same 
thing. 

Take a look at this and compare it with the Gold picture I sent: 

http://research.stlouisfed.org/fred2/series/TWEXB 

Does it look anywhere close to the Gold picture I sent? 

Best, 
Sabri 
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