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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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From: Wade	4/30/2011 10:04:19 AM
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gata.org Murray Pollitt: Not enough lifeboats as the major currencies fall "But not only are the dollar, Euro and Yen (the big three) in trouble, politics and economics in all sorts of jurisdictions are in trouble. Will the US really bail out the many States which are under water? Maybe, but it will hardly help the Federal mess. Will Canada bail out Ontario? Probably, but that will be the end of the illusion that Canada is in good shape. As for establishment policies, well, they are treated with more and more disrespect. Besides the Arab spring we see signs of Iceland, Ireland, Greece and now Finland all going in their own direction. With this all going on at the same time, investors are finally starting to realize that problems are terminal, not temporary. Particularly, problems with the big three currencies. Markets have given governments lots of time to clean up their acts, but they haven’t done a thing, and now sovereign, institutional and individual investors are reacting. All those trillions of currencies sloshing around are starting to search for lifeboats. But there are not nearly enough." We have global currency crises. Got gold?

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