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Gold/Mining/Energy : Gold Price Monitor

GDXJ 90.47

+0.5%

Nov 6 4:00 PM EST

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To: lorne who wrote (62014)	12/15/2000 8:16:15 AM
From: lorne	Read Replies (1) of 116752

Gold Firms Losing US$50 Per Ounce Sold, Thursday, December 14, 2000 9:52 AM EST "Most gold producers are losing about US$50 per ounce because of an overvalued Zimbabwe dollar and rising inflation. At the current rate, we can say we are selling gold in real terms at about US$230 not at US$280 because the Zimbabwean currency is overvalued by 40 percent," Houston told the Financial Gazette. " Full story >>> library.northernlight.com

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