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Gold/Mining/Energy : Day trading in Canada

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To: chris who wrote (746)10/8/1998 1:50:00 PM
From: the Chief  Read Replies (1) of 4467
 
Hi Chris. How much weight does the US greenback carry in determining the price of gold.

They credit the strength of the greenback with the demise of gold!! If the US dollar strengthens, because Gold is priced in US dollars...Gold will fall!!
If the US can continue to force the world into thinking it is the safest place to hold your money, then gold will once again head south. I think it will be a "tussle" but gold will win out!

the Chief
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