| How many of you own gold coins, a great asset to have I love to hedge my money kind of like the barren desert |
| yes |
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66% |
[ 2 ] |
| no |
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33% |
[ 1 ] |
| I would rather buy the future contract on metals |
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0% |
[ 0 ] |
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| Total Votes : 3 |
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Message
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| billjohnson |
 Posted: Mon May 22, 2006 10:04 am Post subject: The gold Boom animals I tell you! GG and PAAS |
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Investing Sr. Associate
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From a Gold article a friend sent me,
http://www.gold-eagle.com/editorials_05/laird051706.html
"Now before I lay this out, I wish to point out that gold could correct to … say 600$ in the next month, but I doubt that it will. BUT even if I bought it now at $700 and it went down to $600 next week I could not care less. This discussion will show you why.
I have been looking at the issue of inflation adjusted gold and silver prices for my subscribers. They already have all this data I am about to show you. The data is not terribly brilliant, but I have to say, the data I present is so much easier to understand than the usual inflation adjusted gold and silver price charts going back in time.
The conclusion of my analysis is that gold and silver are very cheap right now even at $700 for gold. Silver is not quite as good a buy as gold now according to this analysis, but it is a good buy nonetheless"
With that I bring you GG and PAAS both are sitting low on their bollinger bands and are primed for a run. Things are looking up for the metal market and I do not think this slide will last long. |
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| poornewb |
| Posted: Mon May 22, 2006 10:13 am Post subject: |
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Investing Manager
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| Mr Johnson what would be your thoughts on another small gold mining company of AUY? just wondering? |
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| billjohnson |
| Posted: Mon May 22, 2006 10:49 am Post subject: |
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Investing Sr. Associate
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| From a T/A standpoint it looks like most of the gold stock, sitting on support trying to turn things around, the hourly may be getting a bit over bought looking like some strong support developing around nine dollars. |
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