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Gold/Mining/Energy : GOLDCORP (G.A) & CSA.A

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To: NYBob1 who wrote (50)7/11/2007 8:57:48 PM
From: NYBob1  Read Replies (1) of 89
 
Goldcorp Inc. GG Last: 25.88
Change: -0.01(-0.04%)
Volume: 5.54 m
DL 7/11/2007 8:10 PM



There is no way gold will be held down as the USDX
puts a dollar value starting with a seven in front of it.

Having said that, gold is headed to $682, $761, $887.50
and then above $1000.

Dear Jim,

How can the US dollar be smack on its low point
while gold is $60 below its high?

CIGA Ed.



Dear Ed,

The answer is almost as short as the question.

The US dollar is one of the largest markets in the world,
trading heavy volume 24 hours a day every day.
Manipulating the dollar market takes more money than
the Fed or US Treasury can muster.

The gold market is one of the smallest markets in the world
that can be run hither and thither by COT, to a point.

Gold is a currency and has been for 2500 years.

When the dollar fulfills three strikes it is out
and nothing, not even the Exchange Stabilization Fund
can prevent gold from breaking $1000.

Regards,
Jim

jsmineset.com

investorshub.com
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