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Gold/Mining/Energy : Gold Price Monitor
GDXJ 107.29-0.9%Dec 2 4:00 PM EST

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To: Alex who wrote (53722)6/5/2000 2:16:00 PM
From: philv  Read Replies (2) of 116791
 
<the loonie came by its value fair and square>

I wish things were as simple and as that. Sure would be an easy way for governments and CBs to set their currency values. Swiss Frank should have lost half its value, British pound near worthless, add Brazil, Argentina, Holland, etc. Some countries hold no gold in reserve. Fact is currency values are neither punished nor rewarded for the amount of gold held in reserve.
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