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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: koan who wrote (8894)	4/5/2006 7:45:21 PM
From: koan	of 78417

Excerpt from the article "Gold shoots up on talk that the dollar will weaken" April 4, 2006 By Julie Tay London - Gold rose yesterday as European investors switched funds from the dollar to the precious metal on speculation that the US currency would weaken against the euro. The data, which were released yesterday, prompted speculation that the European Central Bank's interest rate increases would begin to outpace moves by the Federal Reserve. A weaker dollar will boost the precious metal's appeal as an alternative investment for holders of euros. "A strong growing euro zone is negative for the dollar," said Michael Widmer, an analyst with Macquarie Bank. "We are seeing a shift to dollar weakness and some of the traditional relationship between gold and the dollar is coming back." busrep.co.za Regards

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