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Gold/Mining/Energy : Gold Price Monitor
GDXJ 99.85+6.2%Nov 24 4:00 PM EST

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To: long-gone who wrote (37758)7/25/1999 10:26:00 AM
From: Hawkmoon  Read Replies (1) of 116764
 
Is it possible with the weakness in the mfg, ag,& nat. resource, economic sectors, our $ has allready become overly strong?

Such an argument certainly has "legs", but aren't all nations suffering from low commodity prices.

And as for our dollar becoming "overly strong" versus other currencies, isn't it the Japanese who have intervened to the tune of $25 billion to foster WEAKNESS in the yen exchange rate with the dollar, selling yen and buying dollars.

And their economy is in a far worse state than ours.

Regards,

Ron
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