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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 398.26+0.5%4:00 PM EST

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To: re3 who wrote (696)11/15/2003 2:08:53 PM
From: Berry Picker   of 29622
 
You bring forth a good point..

Is Gold really UP or is the US dollar just down?

When Gold was $350 the Can-dee was about 1.4/1 so $490Can gold
Now Gold is $400 and the Can-dee is about 1.3/1 so $520Can gold

So you can see it is a smaller part of the picture -
but it is empowering the speculative side of Gold price.

Gold is up about $50 USD but only $30 Canadian - but I will take it :-)

Gold going much higher in any currency.
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