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Gold/Mining/Energy : GOLD-XAU -- Ignore unavailable to you. Want to Upgrade?

To: Richnorth who wrote (752)	12/20/1997 10:29:00 AM
From: Bob Hack	Read Replies (2) \| Respond to of 1756

Hi Richnorth, You mention "For a long, long time I have been hearing that the Canadian dollar is undervalued, i.e., its value should be much higher than it is now" I think you were lied to. Check out the charts. Germany, Japan and Swiss all strengthing viv-a vis US dollar, EXCEPT Canada! tfc-charts.w2d.com tfc-charts.w2d.com tfc-charts.w2d.com tfc-charts.w2d.com Best of the season to all, Cheers, Bob

To: Richnorth who wrote (752)	12/20/1997 11:14:00 AM
From: Bucky Katt	Read Replies (1) \| Respond to of 1756

RN-- I was just in Mexico, and the man in the street there is hurting, regardless of what the papers say. As an example, loan terms on a new Nissan car are 38% apr for 18 months! Is that the sign of a stable currency? The US bail-out to Mexico was reported in the press as bing paid off early. The part they left out was the Mexican's floated bonds to Germany to cover it. A big shell game where the principal is never paid, just rolled, just like Korea. The advice you got from the Canadian brokers shows just how arrogant they really are. In a few year some of those "experts" at the brokerage offices will be doing what they do best, selling used cars.