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Gold/Mining/Energy : GOLD-XAU
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To: Richnorth who wrote (742)12/19/1997 5:37:00 PM
From: Bucky Katt  Read Replies (2) of 1756
 
RN-- Did you see the blurb about the Canadians allowing their dollar to fall? I mean we are seeing a 14 year low in their dollar. Looks like they want to export like crazy too.
So, who is going to buy all this stuff?

''I don't think we should see the Canadian dollar as a sort of national virility symbol. If the real
world circumstances change to give us a weaker dollar, that's not the end of the world,'' said John
McCallum, chief economist at Royal Bank of Canada, the nation's largest
commercial bank.
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