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

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From: Wade	5/4/2011 7:29:45 AM
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kingworldnews.com Look for example, at the US Dollar Index, which is trading at a new low as we speak. The trading day just ended, and the "Bin Laden bounce" is already history. More importantly, this new low in the Dollar Index suggests that the waterfall decline we have been speaking about is gaining momentum. The ongoing destruction of the world's reserve currency inevitably means higher gold and silver prices. It also means for the time being, a euro that will approach $1.50 or so - at least until people recognize that the euro has its own intractable problems and is no more a safe-haven than the US dollar. When that happens, the flood of money going into precious metals will be overwhelming.

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