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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: koan7/15/2007 2:00:35 PM
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Dollar /gold and silver:

if one thinks about it, this could be a watershed. The dollar has always been the currency of last resort and the flight to quality. The dollar today has become the problem not the safety/insurance of yesteryear.

Instead there are too many dollars working against a failing economy and massive debt.

So where do all the excess dollars go for hedging security?

1) Stock markets worldwide are sort of parabolic.

2) bond market-all one could do there is short it which is not what people will do as a hedge to the dollar worries.

3) real estate is parabolic

4 commodities are parabolic

Euro, aussie, pound are all at historical highs. Yen is an unknown quantity and people seldom use questionable financial hedges which are unknown.

So this takes us to gold, silver and PGM's: one could argue that they present the very best value of almost any financial hedging tool and ironically they are also the very best hedge against an uncertian dollar.
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