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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: The Barracuda™ who wrote (33031)	5/2/1999 5:53:00 PM
From: Zardoz	Read Replies (4) of 116759

"Bill, the Canadian $ is soaring which means money is moving into natural resource issues in a big way." Is it? I heard that the money is flowing into the long bonds in Canada, from Europe. And this is in anticipation of lower yields, and deflationary pressure mounting in Europe. Maybe this is why the Canada's 30 yields are lower then USA? Yes some have been going into resources sectors {no doubt} but has it gone into that sector too fast, and too early?

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