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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: Re: Board Member Holdings
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Oct 03, 2008 10:01AM

very strange stuff! gold has been between eight to nine hundred while the dollar has been getting stronger. In the past the stronger dollar probably would have sent gold into the $600 range. I think the strong dollar signal is because the supply of dollars is short because people/businesses are hoarding dollars. but gold / silver is doing well against the rest of the commodities.

As long as money starts to flow again. I agree gold should go higher as the dollar should hold or drop. I hope all the events in Venezuela economy and the impending elections shake out permission to mine during this period.

I checked out some sectors that seem to be doing well in today's enviroment check on OT

good luck everyone!



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