Don’t Believe This Drop

dots Posted on October 22, 2007 , filed under Stocks | Print This Post

The selling in physical gold and silver is overdone. With a rate cut looming at the end of October, this week and more likely today will be the best time to get in on precious metals equities. Everything is sharply down. Pick up some strong names like Silver Wheaton [[SLW]] or Yamana Gold [[AUY]] as they are moving 10%+ down. I expect that gold prices may edge close to $800 by the end of the year.

Add this post to your favorite social networking site

  • del.icio.us
  • Reddit
  • Digg
  • StumbleUpon
  • Propeller

Related posts:

Comments

RSS feed | Trackback URI

Comments »

No comments yet.

Name (required)
E-mail (required - never shown publicly)
URI
Subscribe to comments via email
Your Comment (smaller size | larger size)
You may use <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong> in your comment.