TODAY'S DISCOVERY, TOMORROW'S FUTURE

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Message: Re: Where are we now?
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May 02, 2008 03:15AM

One analyst pointed out that generally the best time to buy gold stocks is in July, as the demand for jewelry for the upcoming Xmas season (and I think our winter is also a time for lots of weddings in India?? correct me if I am wrong) firms prices through the fall. I have thought when gold retraced from that $1000 level, that it might challenge it in the summer/fall. The "US is going to Hades in a Handbasket" fears have subsided for the time being, so we might go back to regular seasonality until something else pops up.

Having said all that, I still don't think POG has much influence on our SP right now. Maybe if we get those dreamed about assays in a couple weeks it will have a more direct bearing.

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