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

To: Cogito Ergo Sum who wrote (22967)	10/19/2010 7:46:30 AM
From: TheSlowLane	Respond to of 48092

Eric King thinks it's a temporary condition... Since the financial collapse in 2008 the XAU has moved below the price of gold in terms of percentage gain over the past decade. If gold and silver simply stabilize near these levels, the shares will dramatically outperform the price of gold going forward. The shares are simply too cheap on a relative basis and as I keep saying, “The wind is at their backs.” You will see a substantial increase in both earnings and cash flow for key producers going forward, this will help to drive the shares much higher in terms of valuation. As gold continues to rise on a longer-term basis, this will have an additional turbo charge effect on the gold shares. kingworldnews.com