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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 385.42-0.3%Dec 8 4:00 PM EST

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To: gold$10k who wrote (6096)5/5/2007 12:02:36 AM
From: jimsioi   of 29622
 
VT, thank you for sharing the gist of Gary's comments.

"the Fed and other CBs around the world are printing money in an ongoing competitive devaluation and pushing most markets higher."

The question, I think, is when do they put a coordinated end to this...or at least give coordinated lip service to some type of slow down.

My personal opinion is that once again Japan will lead the way with rate hikes in June and by China taking additional steps to slow the speculative bubble in its own Shanghai stock market. This again may be only a short term ripple against the stream, which continues driven by money supply increases fostered by US deficits and the need to competitively devaluate in order to maintain economic growth to satisfy local political situations, at the expense of future inflation.

GOLD, Base Metals, URanium, probably, if higher spot prices are achieved, and I'm watching and participating in the grains through the DBA ETF...Energy right here I'm not so sure given the breaking down of WTIC...Brent Prices are probably a better indicator at this time of world oil prices....given the refinery bottlenecks in the US.

A couple of charts..

The grain ETF
stockcharts.com

The Yen
stockcharts.com

again, thank you VT.
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