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Gold/Mining/Energy : Northgate Exploration Limited - TSX: NGX; AMEX: NXG
NXG 50.07+1.3%Oct 31 9:30 AM EDT

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To: NYBob1 who wrote (111)7/11/2007 4:30:59 AM
From: NYBob1  Read Replies (1) of 148
 
Dollar falls to record euro low -
Euro notes


The dollar has fallen to a record low against the euro
and yet another 26-year slump against the pound.

With investors fearful that the ongoing downturn in
the US housing market will start to slow the economy,
the euro rose as high as $1.3741 on Tuesday.




fiatz$ ready to fall off the cliff -



when fiatz currencies going down -
bottom line is -

- GOLD Goes UP -



Gold Second wave LT trend started -

of the 5-wave Elliott pattern -



Well Swiss America funds - on the above chart -
predicting the Gold bullion - the 2nd Gold LT bull wave -
to go to about $2,750.00/oz -

well I agree that in the past, when Gold bullion doubled
in price -
the major Gold miners often did much better and
the share prices often tripled to much higher -

still Gold at $2,750.00 complete the 2nd wave -
but its 5-wave in Elliott pattern -
still 3-wave of LT Gold bull to go -
Imo. Tia.

$6 price target for NGX -

Northgate Minerals Corp. (NGX : TSX)
Estimates upped on new gold & copper prices
Blackmont Capital maintains "buy",
12-month target price is raised to $6.00 -
Imo. Tia.
God Bless

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