Welcome To The Golden Minerals HUB On AGORACOM

Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

Free
Message: Extraordinary Bullish Outlook for Gold

Extraordinary Bullish Outlook for Gold

posted on Feb 08, 2009 03:57AM

Good analysis and promising looking charts by Hommelberg. The CDNX:GOLD ratio looks especially spine tingling as the juniors have outperformed gold since December 2008. With investor confidence eroding rapidly around the world in currencies, bonds etc., the demand for gold and silver are becoming increasingly "the mother of all choices."

As Hommelberg says, "Juniors holding exciting properties and sitting on enough cash in order to do their exploration thing for years to come will do well."

ECU's future prospects are shining brighter than ever!!!! Exciting times ahead for this yet to be discovered jewel clad in silver, oh...and gold too.

ATB,

BD1

Gold Drivers 2009 - Extraordinary Bullish Outlook for Gold - Update

By Eric Hommelberg
Feb 6 2009 4:32PM

www.golddrivers.com

  • Gold proves itself as only true alternative for the dollar
  • Confidence in currencies shaken to the core
  • Gulf countries are keen to break away from the link with the US dollar
  • Chinese appetite for US debt in decline
  • Former Bank of England official expects dollar collapse
  • Investors fleeing into gold as US prints trillions
  • HSBC, Citigroup, Merril Lynch, Goldman Sachs all turning bullish on gold
  • Senior gold shares ready to move higher after impressive 100% bull run since October 2008
  • Junior gold shares waking up - bottomed out in December 2008

Here is the link too the complete article; http://www.kitco.com/ind/Hommelberg/...

Share
New Message
Please login to post a reply