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Gold/Mining/Energy : Gold Price Monitor

GDXJ 124.08

0.0%

Feb 2 4:00 PM EST

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To: Enigma who wrote (34039)	5/17/1999 10:03:00 AM
From: Zardoz	Read Replies (1) of 116958

This site: pacific.commerce.ubc.ca Does not show any correlation charts between gold and the Candian dollar. So your comment is moot. The only thing that is remotely close is a comparision of GOLD and Canadian dollar with Special Drawing Rights as a baseline. And that is at best only relevant over a short period of 1-2 years MAX! I'm not going to give you a partial differentials course on Special Drawing Rights and Cross Currency components. But I would suggest that you at least pick up a statistical analysis textbook, and then determine why your comment: "If gold and the $ can were linked the chart would be flat more or less." means nothing.

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