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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.06

-1.4%

4:00 PM EST

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To: long-gone who wrote (61693)	12/4/2000 9:25:02 PM
From: Ahda	Read Replies (1) of 116762

Richard lets assume the dollar will drop long range. Would it be more beneficial to own Canadian mining companies. If you look at the value now with the C at 1.54 any reduction in the us dollar value also is an increase in the price of Canadian gold stock. I suppose one could extrapolate this to the cost per ounce to bring up in today dollar terms and think of what will happen if the US dollar decreases which i think is highly possible.

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