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Gold/Mining/Energy : Gold & Gold Stock Analysis

GLD 368.29

+0.6%

Nov 7 4:00 PM EST

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To: Andrew who wrote (488)	11/1/2003 11:17:10 PM
From: Wade	Read Replies (1) of 29622

Andew, Rising POG is mainly because of the weakness of US dollar and poor future outlook of US economy. Canadian Dollar appreciated almost 20% vs. US Dollar which should impact the earning power of Canadian gold miners as well. What is your view of Canadian Dollar in the next several years? This is going to be an important factor for me to balance my gold mining stocks exposures to various currencies and political factors. And, what are other investment opportunities will benefit from weak dollar besides mining and oil companies in Canada? I own some Canadian bonds. Thanks. Sincerely, Wade

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