Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG Message Board

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

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To: Wade who wrote (1339)	2/9/2004 8:11:14 AM
From: big guy	Read Replies (2) of 48092

<Sooner or later China will have to revalue Yuan, which will trigger the rest of asian countries to follow. I expect this to take place within the next 4 months.> You nail that call Wade and you will be the new guru of guru's <G>. <But, I feel that the dollar-POG inverse peg is about to be broken.> If you look at a three year weekly charts of the price of gold divided by most major currencies you will already see this taking place to some degree. The rise in the gold price has been nowhere near as fast as it has been in USD terms but it has risen in most cases. We have played one of of a paper game in this country the last thirty or so years and we have now begun to pay the piper. Before all is said and done Wade I think you will see a DXY somewhere in the area of 60.

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