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Gold/Mining/Energy : Gold Price Monitor

GDXJ 113.74

-1.2%

4:00 PM EST

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To: John Hunt who wrote (27727)	2/4/1999 11:23:00 AM
From: Zardoz	Read Replies (2) of 116836

"PS - What is moving the Canadian Dollar up so much?" It's due to the British rate cut of 0.50%. Canada's currency is less liquid then the Euro, USD. So it feels the impact of purchase faster then any. But GOLD has dropped significantly today in Canada... lets see sell gold at $.6300 USD for $290, buy back at $0.6692USD at $288. Pocket $30/oz?

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