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Gold/Mining/Energy : Gold Price Monitor

GDXJ 105.34

+5.2%

4:00 PM EST

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To: Don Green who wrote (18994)	9/15/1998 9:22:00 PM
From: Mark Bartlett	Read Replies (1) of 116767

Don, <<I don't know.. But since the U.S. dollar is the world's trade currency, I would say Gold's value would be most accurately priced on it's relationship to the U.S. dollar.>> It is gold that is the constant - everything is priced relative to it - when the US dollar (priced relative to gold) is no longer the de facto reserve, what's left? MB

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