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Gold/Mining/Energy : Gold Price Monitor
GDXJ 93.98+0.6%Nov 21 4:00 PM EST

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To: kimberley who wrote (8476)3/18/1998 5:28:00 PM
From: Abner Hosmer  Read Replies (2) of 116764
 
>>''The foreign currencies yield interest. The average Belgian will gain. His investment which did not yield anything until now has been transferred into an investment that does yield something,'' Verplaetse said.<<

Kimberly, I think he may have been speaking a little loosely. I'd guess that he was referring to interest yielding bonds denominated in foreign currencies. Wouldn't seem to make much sense to hold cash deposits of any currency. But hey, maybe he's preparing to go on a shopping spree:o]
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