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Message: Re: Pointing Out The Obvious

Nov 30, 2010 08:40AM

You can double that increase in the POG for all the Canadian producers as the C$ is down close to a cent. Today is the type of day that could signal our takeoff as Gold has truly(for the moment) seperated itself from the US dollar. Oil is down signally (IMHO) the continued weakness in the economies of the world and this (if the trend continues) is almost exactly the scenario that can propel Gold Producers much higher. Lower inputs due to the "Depression" and higher POG because of the growing fear of fiat money. I personally do not wish for this as it could get really ugly, however one must prepare and do what you can to protect yor assetts.

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