Explor Resources Inc New EXSFF

Gold good investment (from kitco)

[pastorboy]

GOLD BREAKS OUT IN EUROPE

Nobody can dispute that Europe has captured global attention with the threat of sovereign debt defaults, a string of them potentially. During the misdirection toward the paper gold price in US$ terms, pushed down by incredible shorting of futures contracts at a time when never the COMEX nor LBMA metals exchanges have been in possession of less gold & silver metal in inventory, the real story is the Gold price in Euro terms. It has broken out past €800. A runup should continue for around an 18% move, like to the €940 to €945 range. What a strong uptrend in Euro terms, a strong moving average uptrend, and strong stochastix index! The strength of the Gold price in Euro terms should continue until the Germans establish clarity with the New Core Euro. They will order the financial surgeons to remove the PIIGS surplus matter, leaving the Central Europe core without the shattered nations that boast busted housing bubbles, busted banking systems, outsized federal deficits, heavy import needs, and capital requirements impossible to meet. When the New Core Euro is clear, then the surviving form of the Euro currency will rise and rise and rise, certainly challenging the USDollar. Only then will the Euro push toward 200/US$ in its exchange rate.