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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: rubbersoul who wrote (11688)	11/22/2009 1:52:39 AM
From: Wade	Read Replies (1) \| Respond to of 48092

IF JPM long gold the shorts will run for the hill next week. LOL

To: rubbersoul who wrote (11688)	11/22/2009 4:00:05 PM
From: Wade	Respond to of 48092

That situation happens when other currencies are devalued vs. gold at the same time. When we check the price of gold in EUOR, Pound, Yen, etc. we can see that gold is about to breakout in those currencies too. All of fiat currencies will crash vs. gold, whether USD is up or down vs. other currencies isn't a major factor any more. BTW, those are probably the recs. from JPM's investment division. Thier trading devision has its own mind. They operate under different systems, I believe. They can make money from both sides of the trade.