Prodigy Gold Inc KXLAF

BNN,s Gold quote now shows UP$27....

[mellow99]

Any way one looks at it Cash Gold is UP well over $1512, well UP from $1500....This comiing Friday is setting up to be  quite important for the markets and Gold, since the non farm payroll comes out...US markets are quite worried, and most experts I hear are lookiing for a bearish number, which may signal the start of the market Bear for real...

Some analysts now beleive we will start the negative US$ interest rates next quater...Negative Int Rates happen when the inflation rates are higher than the US$ interest rates...Many of them are predicting these negative US$ Int. rates  to be with us for at least 10 to 15 years...who in the world would want to hold almost worthless US$ paper....Most commodities are starting to risevs US$, even Oil..I would suggest we all watch the very telling employment numbers this comiing Friday, to look for general directions of our markets.......

Royal Bank raised Mtge int rates by 1/2  point over 5 yrs to match the current bond markets rates......Canada is just waiting for the US$ rates begin to move up, likely in a couple of monthsto  to reflect current markets  conditions....the US$ will have no chance, when the world begins to demand higher int. rates, then Gold will surely shine...