bestorinvestor

Gold Correction Necessary and Healthy

Gold forecast and mining article that states $1000 avg 09 via UBS and others. Demand up. supply down.
Good read
madisonaveresearch.com...

Gold vs. Value Investing: An Historical Perspective

Gold is in fact an essential component of EVERY portfolio and those with the savvy to see opportunity that gold presents tend to be labeled gold bugs. Metanor Resources, MTO.V a canadian producer as of October of this past year is one of those opportunities. They just poured 20,000 oz gold and have huge exploration blue sky and an open pit that they should produce 60,000 oz gold annually from. Their mill and infrastructure is valued at $140M ...presently trading at aprx 40% of that infrastruture value alone ignoring the 1M oz resource etc. Currently trading under .70 cents !!! Opportunity !!! Me thinks so. Good read
miningmarketwatch.net/

Gold is One of the Few Assets That's Up for the Year

Gold is an excellent hedge against inflation and currency accepted worldwide. Although it is apparent that deflation currently abounds, this is just the symptom of rampant inflation that is about to hit the US economy... the reason is just the enormous amount of monies printed (hundreds of Billions $$$) in an attempt to stimulate the economy. Gold and related leveraged investments should provide attractive returns to investors.

No Silver Lining for Precious Metal Bugs

You are spot on with Canadian miners reducing costs and incidentally look at MTO.V ( Metanor ) they are producing at <$400 CDN and selling at $1000 + per oz CDN.....great example.
Read the article miningmarketwatch.net/


On Nov 25 11:29 AM Dale N wrote:

> If you are correct. The price of oil drops as the US dollar rises.
> Therefore you want to pay attention to Canadian miners as their input
> costs drop they receive a higher Canadian gold price with the exchange.