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Gold/Mining/Energy : Gold Price Monitor
GDXJ 105.33+5.2%Nov 26 4:00 PM EST

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To: lorne who wrote (43308)10/18/1999 9:26:00 PM
From: Ahda  Read Replies (1) of 116768
 
Thanks Lorne

The problem in currency I feel is immense. Lets us suppose you are a Japanese supplier to an American company the initial cost of your service is translated into a dollar base. If the yen is at 145 to the dollar of the transaction the cost is 1 for your 145, now finally at this time you are doing quite well because your cost is about 105 but we arn't
This whole currency issue can make you or break you very quickly it one thing to think of derrivative trades but another to think of regular people who do import and export.
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