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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Ken Benes who wrote (75332)	8/20/2001 12:23:14 PM
From: Tommaso	Respond to of 116762

I would think a "successful" introduction of the euro would include its returning at least to parity with the dollar. Recall that it started out at $1.20. Surely the euro countries would like to see that kind of confidence in the new currency. Now whether anyone is going to do anything to bring this about, I don't know. I would think that any caclulated policy to improve the euro/dollar ratio would automatically get gold up to something like $300, giving it more purchasing power in the US but not necessarily elsewhere. Mining companies inside the US might benefit.