Don’t Believe This Drop
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.
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