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: gold$10k who wrote (20328)	7/2/2010 10:28:56 AM
From: Scoobah	Read Replies (2) of 48092

Actually, just as you posted that, I realized that, the number may need adjusting to a close over 39.12 now, due to the reversal off that number yesterday, but on the weekly, 38.51 is still important, I dont know what to make of the golds right now, as deflation is becoming the word now, and FT points out that the money supply in Japan rose 140% in the 1980's, similar to our 140 growth here, and it did not lead to hyperinflation nothing has happened technically, to change the bull market in gold, although I dont know yet about whether the short term trend has changed to neutral now? opinions?

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