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Gold/Mining/Energy : Gold Price Monitor
GDXJ 94.04+0.6%Nov 21 4:00 PM EST

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To: The Barracuda™ who wrote (52552)5/10/2000 11:08:00 PM
From: lorne  Read Replies (2) of 116764
 
Hi X squared. --- " What do you think about the euro and gold?

What effect will a collapse of the euro have on gold? "---

Here's a thought. The Euro is backed 30% by gold. At what point would they have to start selling that 30% gold to cover any losses incurred by failure of Euro. ???
Lorne
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