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

To: Veteran98 who wrote (20048)6/25/2010 9:01:11 AM
From: TH  Respond to of 48092
 
v98,

Excellent summation and spot on (IMO).

Thanks
TH



To: Veteran98 who wrote (20048)6/25/2010 9:27:59 AM
From: Tommaso  Respond to of 48092
 
Governments around the world seem very determined to expand money and credit and thereby stave off serious declines in economic activity and also support equity markets. It therefore seems less and less likely that we will see a drastic contraction in equity prices like the 1930s or even like 1974--unless, of course, central banks reverse course completely, restrict the money supply, and drive interest rates up.

So as long as the party goes on, the gold miners look good.


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