De Graaf

Gaza War: Expect a Spike in Oil, Gold

A lot of people a truly blindfolded, as I read these comments.
Just by saying that a dollar will rise in times of war, could be true, in case of severe ground war in oil-rich nations.
Not when a few thousand troops and a handfull of tanks march into a dense populated Gaza strip! The fact that oil will rise for this matter is just fear mongering, and minor in effect after the speculation dimms out in a few weeks.

As for commenter NOWHEREMAN, who says gold didn't rise against all currencies, I would say; wake up and get your sources right!
Look at the link below, where James Turk shows a nice table of gold relative strenght against all major currencies.
Its is concluded that gold rose double digits against these projected currencies, even on basket average!

goldmoney.com/en/comme...

For every sole soul outthere; Gold will rise and the Gaza war will help temporarily, but not with oil prices of 70 / 80 dollar a barrel. Just 50 at max for a few weeks. Then its falls back again. Gold thrives on the deflationary force in the economy combined with the (hyper)inflationary policy of the FED. Oil has minor influence at this point in time.

brgds

New Trend for Emerging Gold Producers: Amalgamation

If you want to make money in 5 years from now, without to much risk despite common consent, is buying Rusoro Mining. Its a steal and the fundamentals are great. Also preferred partner with the Venezuelan government.

Rusoro is almost a penny stock that is set to boom like Yamana Gold currently does. The only thing which lacks is the proper pricing of the stock.

Buy now, not a second later. Rusoro Mining Ltd.

Don't Miss the Coming Gold Bull

Central banks are not selling gold beyond their agreements which is due in 2009. There is a mere 150 tons to be sold under the agreement but a lot of CB's have already stated they will not sell gold or supply gold for their mints at this point. Thats one of the reasons the mints are out of coins. Central Banks are hoarding their gold.

If a country decides to sell gold, it will be sold over the counter (read; without market interference) to China, India and the Middle East. Those are countries with low percentiles of gold diversifications in there reserves.

IMF and/or Central bank selling (apart from the gold agreement II) will not alter the price of gold, unless a JP Morgan is involved with a concentration of shorts backed by US Fort Knox (FED) gold reserves. For more information read GATA.com.

brgds,

Risky Opportunity Awaits in Junior Gold Sector

Osisko is in the same pond as NovaGold. Both need a significant amount of financing for their development and production setup.
Osisko for instance has $200M in cash but needs another $550M to cover their project development and removal of the remaining 170 household to the nearby village. So far ~35 homes have been 'moved'.

This is a serious risk in this environment unless you expect a short term recovery of the financial markets where Osisko gets loans like water.

You asses the risk and the deposits beneath it. I pick another one with cash and high grade deposits like; Sabina, Rusoro, Coeur 'd Alene. That are juniors that have the minerals (pun intended).

brgds,

Gold Stocks: Why It's All About the Bottom Line

A very prudent way of investing Andrew.
Let's make some money together in the coming bull.

brgds