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

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To: ItsAllCyclical who wrote (30631)8/18/2011 9:44:21 AM
From: gold$10k  Read Replies (1) of 48092
 
After further thought...

The dollar index is opposite the euro... not so helpful otherwise. IMO bonds tell us whether the current economic events are inflationary or deflationary. If true, then this is currently deflation and gold is acting as money, which does well in deflation. Gold is the only asset that works well in both inflation and deflation. The market is acknowledging that now. Silver is trying.
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