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 (1364)	3/1/2004 8:05:13 PM
From: Wade	Read Replies (1) of 48092

Stock market responded to AG's suggestion of squeezing out the last drop of the pocket change by switching to adjustable mortgages. This extra money can be a very handy allowance for many people. However, the negative effect will hurt us badly. Today, CRB index shot up to 278.61 in responding to AG's inflation policy. This index is moving at the upper side of the power-up-trend channel. CRB has risen 9.1% since Jan. 1st of this year. This rate is equivalent to annual rate of 54.6%. No wonder the price of gold and silver moved higher despite stronger USD performance. POS will more likely link to CRB index instead of USD from this point on based on the price actions today. Very soon POG will follow the same direction as POS did. BIG INFLATION IS COMING OUR WAY. PROTECT YOURSELF BY ALL MEANS.

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