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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: Wade who wrote (28443)4/26/2011 4:48:14 PM
From: Wade1 Recommendation  Read Replies (1) of 48092
 
jsmineset.com

In The News Today
Posted: Apr 26 2011 By: Jim Sinclair Post Edited: April 26, 2011 at 4:08 pm

Filed under: In The News

Thought For The Afternoon

Will they or will they not continue QE is not the question. They must, be it through the front or back door. The future of the dollar is what you need to know if you are to navigate this, the most violent upcoming part of the gold drama.

The dollar situation is damned if you do and damned if you don’t. A suspension of QE is negative MOPE that would impact the equity market, therein destroying the liquidity rally from March of 2009. The recovery is not getting serious traction regardless of the bliss of the media.

The US dollar would be hit hard by a collapse of this modest recovery that a suspension of QE would mandate. If QE is to continue, either front or back door, the dollar will remain under pressure.

Forget the media and blog commentary. The future of gold is all in the dollar. The US dollar has no future under present conditions.
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