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


To: Seeker of Truth who wrote (97466)4/16/2004 4:44:04 PM
From: Enigma  Read Replies (2) | Respond to of 116856
 
Seems logical. It's interesting how highly levered to the $US gold has been over the last few weeks. Hopefully when the dollar reverses course we'll see the POG resume it's upward move. Good close today IMO



To: Seeker of Truth who wrote (97466)4/16/2004 6:11:55 PM
From: Gabe Heti  Read Replies (1) | Respond to of 116856
 
Very true, that gold in Canadian dollar terms has only had a minor increase, however, Canadian miners have done very well. Canadians are better off buying Canadian mining companies unless gold hits $800 in which case both gold and shares will soar in Canadian dollar terms.