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Gold/Mining/Energy : A to Z Junior Mining Research Site -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (3510)2/28/2003 8:22:59 PM
From: Sam  Read Replies (1) | Respond to of 5423
 
The big question I am kicking around is.If I buy gold with my Canadian buck at 555.dollars an oz.
So the US buck comes down ,gold goes up ,the Can. buck goes up. So in two years I could be selling my gold for 500 us,or about 540 bucks Can.figuring about a 90 cent C buck,giving me a loss ,Same would be in Ausy bucks ,there could be more money to make just holding onto,our own currency
Is this the real reason we are not seeing the activity in the exploration stocks and Gold stocks in general
sam