Thursday, July 21, 2005

GOLD RUSH?

Will be interesting to see what Gold does from here, the action last month has been rather weak and not bullish IHMO, with higher yuan considered in the bag will the yuan now fall in value?
Dollar not plummeting but due for retrace from 80.00 rise.
WE get everything from China, is it IN THE BAG that the fuel is thrown on inflations fire? It seems IN THE BAG gold screams higher....or is it?
$430 key level $7.30 in Silver IMHO. How does 2.8% revalue side with Politico calls for 27%? lip service? GOV says they still CONTROL VALUE, how is that free float?

I am watching NEM, for the new uptrend, of false breakout, I think DEFLATION (as NO ONE mentions it) is the demon.

Duratek

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