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 (1743)	7/28/2004 12:00:58 AM
From: Wade	Read Replies (2) of 48092

Stock markets and US dollar reacted positively by good news of strong consumer confidence and strong housing news. Money flowed from US Treasuries to the stocks and USD caused sharp rise of yield. Golds reversed positively after initial sell-off during the day, which meant that goldbugs are not as scared as were they a few days ago. This may be a signal of the end of decline. More news to come: 1. July 28: Durable goods. 8:30 a. m. 2. July 29: Employment cost - 8:30. Initial jobless claims - 8:30. 3. July 30 - GDP - 8:30. Chicago PMI - 10:00. Good trade.

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