SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor
GDXJ 98.59-2.8%Nov 13 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Abner Hosmer who started this subject12/4/2000 7:21:55 PM
From: Clappy  Read Replies (3) of 116759
 
Thread,

With the dollar appearing to be topping off, would gold be expected to rise in price as the value of the dollar drops?

If so, would investment in American mining companies yield a greater return than foreign mining companies like those from South Africa, Australia, Canada, etc?
Or do I have that backwards.

The exchange rate is what confuses me.
Which companies would expect to fare well with a falling dollar? Foreign or Domestic?
(I understand that heavily hedged companies would not fare well with a rise in gold price.)

Thanks.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News