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

To: Wade who wrote (42984)	4/21/2013 10:17:38 AM
From: Rocket Red	Read Replies (4) \| Respond to of 48092

we all know what happened in the early 80's,gold spiked to 850 and dropped well under 300 who says the same thing cannot happen again if gold was not controlled yes i would agree

To: Wade who wrote (42984)	4/21/2013 10:33:05 AM
From: Rocket Red	Read Replies (2) \| Respond to of 48092

Commodities Retreat The S&P GSCI Index fell to the lowest level since July during the week, led by silver, gold, lead and copper amid signs of surplus in the commodities and concern that China’s economy will slow. Silver, down 24 percent, is the worst performer this year. Gold slid 13 percent over April 12 and April 15, the biggest two-day retreat since 1980. Both of the precious metals entered a bear market this month joining sugar, soybeans and coffee. Commodities are on the brink of a great rotation in price performance and market leadership, Barclays Plc said in a report on April 19. Gold and silver will be among the weakest over the next few years, according to the London-based bank. “Excess supply is the biggest issue so this was a necessary correction like we saw in gold,” Michael Strauss, who helps oversee about $25 billion of assets as chief investment strategist at Commonfund Group in Wilton, Connecticut, said in a telephone interview. “It will take a strong economic cycle to push prices higher.”