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Gold/Mining/Energy : Gold Price Monitor

GDXJ 120.00

+2.0%

Dec 22 4:00 PM EST

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To: James F. Hopkins who wrote (12762)	6/9/1998 10:49:00 AM
From: philv	Read Replies (2) of 116822

James: BIS says US dollar overvalued. It is 21% overvalued compared to the Mark, 33% compared to the Yen. They estimate US trade deficit to go to 284 billion this year! Their calculations take into consideration the increasing trade deficit when determining currency value. asia1.com.sg Phil

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