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Gold/Mining/Energy : NGX - NORTHGATE EXPLORATION LTD -- Ignore unavailable to you. Want to Upgrade?

To: NYBob1 who wrote (16)	7/9/2007 8:32:26 PM
From: NYBob1	Respond to of 46

WILL JAPAN DESTROY THE YEN TO SAVE THE DOLLAR? - by Peter Schiff Euro Pacific Capital July 9, 2007 As the Japanese government continues holding short-term interest rates near zero while printing yen like it is going out of style, getting out of the yen has now replaced pachinko as the national pastime for rank and file Japanese. With housewives and cab drivers debating the best techniques to exchange their yen savings for higher yielding non-yen assets, the Japanese monetary authorities are facing the prospect of the complete destruction of their own currency, subjecting their citizens to the horrors of hyperinflation. financialsense.com Northgate Minerals Corp. NXG Last: 3.13 Change: +0.04(+1.29%) Volume: 2.27 m Last Trade: 3:59 DL 7/9/2007 3:57 PM investorshub.com investorshub.com siliconinvestor.com investorshub.com

To: NYBob1 who wrote (16)	7/10/2007 10:51:44 AM
From: NYBob1	Read Replies (1) \| Respond to of 46

Gold ends up, lifted by oil surge, dollar drift - Mon Jul 9, 2007 NEW YORK (Reuters) - U.S. gold futures held onto strong gains into the close on Monday, after being lifted to a one-month high as fund and speculative buyers reacted to a drifting dollar and surging oil prices, traders said. "Metals were up across the board. The dollar was weak and oil was up quite a bit and that supported it right from the get-go, but it was on light volume," said one New York gold dealer. Most-active gold for August delivery (GCQ7) on the COMEX division of the New York Mercantile Exchange settled with $7.70 gains at $662.50 an ounce. It set a higher range from $657.80 and $666.0 an ounce, a level last seen on June 7. At its session top, August gold reached higher than in three prior attempts to break resistance at $666.0 an ounce. A languishing dollar, however, offered gold bulls a reason to buy, especially in the face of surging oil prices. The dollar traded mostly flat on Monday in a quiet session. Sentiment for the dollar has been dampened by expectations that the Federal Reserve will keep interest rates unchanged this year even as other central banks tighten monetary policy. A weaker dollar often helps dollar-denominated assets like gold that trade in overseas markets. On Monday, crude oil prices rose to an 11-month high above $76 a barrel as rising global oil demand and North Sea field maintenance exacerbated supply worries. London Brent higher crude (LCOc1) climbed to an intraday high of $76.34 a barrel, its highest levels since August 2006 and a stone's throw from the all-time high at $78.34 reached on August 8, 2006. Rising oil prices often boost gold prices because of inflationary implications, and sometimes because underlying geopolitical tensions also spur safe-haven gold buying. $6 price target for NGX - Northgate Minerals Corp. (NGX : TSX) Estimates upped on new gold & copper prices Blackmont Capital maintains "buy", 12-month target price is raised to $6.00 - Imo. Tia. God Bless investorshub.com investorshub.com siliconinvestor.com investorshub.com