3 Working Days Left, Be a Part of the RUSH

Posted on September 13, 2007 , filed under Stocks | Print This Post

We are now 3 working days away from a probable rate cut by the Federal Reserve. A precious metals rush is coming and in a big way. As indicated in my September 11th, 2007 article, we did experience a small breather in the market. It will be important for gold to stay in the $700-$710 range and for silver to stay above $12.50. It is encouraging for PM investors to see that the USD Index inching closer to $79. I recommend anyone invested in the USD to consider alternative currency investments such as the Australian or Canadian Dollar. Both countries have heavy exposure to natural resources. Canada in particular has a strong base of metals, natural gas and oil.

I have an open buy order for Hecla Mining Company, [[HL]] at $7.65.

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