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


To: Enigma who wrote (27575)2/2/1999 2:54:00 PM
From: Zardoz  Respond to of 116795
 
The difference between the size of the economy of Canada and the USA, and between the USA monetary amounts and gold means that USA is restricted from execution of Fiat trends of active devaluation's. So Canada has an opportunity to profit from the exchange rate mechanism to the demise of the USA. We can undercut production prices. While limiting the import of other finished products. And when commodities rise, so will the Canadian currency, and guess what... we get them again...

Even the cash flows into USA have a negative on the stability of the US Dollar.
April futures now negative. Still like that graph... WOW what a bad chart.