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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.68

+5.0%

4:00 PM EST

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To: Bald Eagle who wrote (7243)	2/4/1998 12:48:00 PM
From: Ahda	Read Replies (1) of 116753

Can anyone help i do not understand if i am reading this correctly we do not really keep track of how much we invest outside. The U.S. government, for instance, does not maintain a separate system to monitor private- and public-sector foreign exchange movements. Instead, the U.S. Federal Reserve Board periodically announces foreign exchange-related statistics. By contrast, some developing countries hold an unified foreign-exchange data system. ''Due to the sheer size of the Korean economy and the rapid pace of capital-market liberalization, it is realistically impossible for the government to trace all private-sector foreign exchange dealings,'' said an MOFE official

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