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Gold/Mining/Energy : Gold & Gold Stock Analysis

GLD 368.78

+0.2%

Nov 3 4:00 PM EST

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To: carranza2 who wrote (25061)	8/3/2011 8:29:35 AM
From: Tommaso	Read Replies (1) of 29622

I think that's true, given the dash to buy treasuries yesterday. atching the last episode of "Treme" (first series) last night, which depicted (in a flashnback) the complacency of a lot of people in New Orleans as Katrina approached. I think the view of approaching inflation is somewhat the same: "It's not here yet, so why worry about it?" But the gold buying is a little like the way people rush to get milk and bread before a hurricane or blizzard. Gold miners will really come into their own when gold holds up or rises further, and inflation is obvious even to the Federal Reserve. Monetary inflation is spiking right now--MZM and M2.

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