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Gold/Mining/Energy : Gold Price Monitor

GDXJ 113.76

-6.4%

Dec 29 4:00 PM EST

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To: C Hudson who wrote (21271)	10/9/1998 2:00:00 PM
From: Alex	Read Replies (1) of 116834

Don't feel so bad CH. It's chaos................ There were even reports of rumours that the U.S. Federal Reserve Board, which has been talking about lower interest rates in recent days to protect the flagging American economy, would consider a rate hike to prop up the greenback. Things are happening so fast that it's hard to keep up, especially with the Canadian dollar, which just Wednesday posted an early-morning gain of 2.24 cents U.S. - its largest since 1970. "Nobody knows what's going on," said Jeff Cheah, a currency analyst with Standard & Poor's MMS in Toronto. montrealgazette.com

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