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Gold/Mining/Energy : Gold Price Monitor

GDXJ 121.93

+0.8%

Jan 9 4:00 PM EST

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To: Surething who wrote (4380)	12/17/1997 3:28:00 AM
From: marcos	Read Replies (2) of 116846

cme.com .....looking at this makes me think it's not so much gold going up as the dollar going down, notice almost all currencies rising against the USD, while sterling/deutschmark and deutschmark/yen are unchanged ............... ....or maybe that's just a lack of trading tonight... Gold hasn't fallen much in most of the world's currencies..... Did you ever think that a real goldbug would see the recent "slide in gold" as nothing of the sort, but a rise in the current market value of the USD, the value of an ounce of gold in real terms remaining the same, at one ounce of gold..... ....... -g- ............ cheers ............. marcos

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