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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: heinz44	11/7/2007 7:33:48 PM
	of 78419

A NEW WAY TO LOOK AT THE BULL MARKET IN GOLD For the past several years, rising gold prices weren't so much indicative of a big bull market in the metal itself, but a big bear market in the U.S. dollar... In the eyes of an American, the crashing dollar amplifies the gains produced by real assets like gold... but in the eyes of Brits, Germans, or Spaniards, gold's returns aren't much to write home about, with the Euro massively appreciating against the buck. In the past month, however, the bull market in gold has transformed. Our chart today shows how a European investor views the metal. Gold's huge rally has taken out its 2006 peak and is starting a new rally against world's strongest major currency... but will it last? The DailyWealth prediction is YES. As the world's central banks print money and provide easy credit to stave off the housing bust, we expect the flight to real money to continue... the "worldwide" bull market in gold will last for at least another decade

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