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Politics : Moderate Forum -- Ignore unavailable to you. Want to Upgrade?

To: cosmicforce who wrote (14593)	12/10/2004 3:45:15 AM
From: average joe	Respond to of 20773

I look at gold differently than you because as it is quoted in $US, it turns out that the increase in gold price has not transfered into meaningful gains in Canada. If you hold gold that you bought in $CAN, gold has actually depreciated by a few dollars/ounce this year. This is due to the unprecedented increase in the $CAN in relation to the $US. "Uranium still has a major image problem (how are those Indians that used to mine the stuff?)" Gold has cyanide problems, Nickel has arsenic problems, certain oil shales release benzenes, komatiite has asbestos, they all got problems. cameco.com Most high grade uranium on this planet is concentrated in that little navy blue circle at the top of the map and the third largest claim staking rush in Canadian history is going on right now. One very interesting thing about gold is the promotion of the Islamic gold dinar which could certainly drive the price up. zpub.com