Gold Remains in a Long-Term Bull Market

Dow Theory Letters
"Gold is about to test its red 40-week moving average...

Gold remains in a long-term bull market. I view gold as my defense against a world that continues to pump out fiat paper money without stop. The unspoken motto of the central banks system is "Inflate or Die." The central banks of the world decided long ago that the opposite of economic death is inflation. It's only a matter of time before gold rises to new highs against the world's fiat paper." (5/8/08)

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