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

To: long-gone who wrote (29750)	3/11/1999 10:13:00 AM
From: Gord Bolton	Respond to of 116764

tscn.com News coming soon which will explain the graph and increase the spread. Big drilling programs underway and resources increasing daily. Production will double shortly. Profitable operation. Gold has risen significantly against most currencies recently. The U.S. dollar has been strong but demand is growing for gold in many countries and is perceived as more secure than the local paper. U.S. trade deficit may threaten strength of the U.S. dollar. As demand increases for gold price will rise. As price rises so will demand as it will be perceived that currency is dropping in comparison, therefore better to have gold. Ounce of gold has risen about $23.00 Canadian dollars per ounce in the last three weeks.