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Gold/Mining/Energy : Gold Price Monitor
GDXJ 96.88+0.9%Nov 18 4:00 PM EST
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To: Alex who wrote (16387)8/22/1998 8:07:00 PM
From: Terry Rose  Read Replies (2) of 116762
 
Alex, The Mexican peso is currently trading at 10 pesos to the dollar. Local newscaster here blames it partly on the recent U.S. cruise missile attack on a pharmaceutical plant. The reality is the hot money is leaving before the impending devaluation.

I read an interesting article this week which predicts that Canada is a prime candidate for a currency crisis and that short-term rates are headed up sharply in your neck of the woods.

Terry,
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