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

To: kayco who wrote (12651)	12/15/2009 8:18:08 AM
From: Little Joe	Read Replies (1) \| Respond to of 48092

Yet that is exactly what happened, at least for a while, during the last gold bull, if my memory serves me right. lj

To: kayco who wrote (12651)	12/15/2009 8:21:20 AM
From: TheSlowLane	Respond to of 48092

Juniors have been doing very well. EAS.v had a good day yesterday and hit a new all time high. I suggest that the USD-gold relationship may not be as 2-dimensional and mechanical as it has been in the past. Coxe had some good thoughts on this recently though I can't find the link just now.

To: kayco who wrote (12651)	12/15/2009 8:44:17 AM
From: gold$10k	2 Recommendations Read Replies (1) \| Respond to of 48092

Historically, rising interest rates do not impede the rise of gold in a situation like the current one as long as they remain less than the real rate of inflation. In 1980, Volcker had to raise rates to 6% higher than the rate of inflation before the market took his efforts seriously and gold peaked. At that time he also actually reduced the money supply which was likely the more significant factor.