Gold Stocks, Including Junior, Expected to Surge Between Now and May
posted on
Feb 23, 2008 05:48AM
You should definately read this article, an article that supports the probability that the biggest percentage of this leg up in the Gold Bugs Index HUI is yet to occur. We are talking about a potential terminal value of near 700 on the HUI index which is presently near 460. If you don't think this advance is going to suck in a lot of speculative capital into the junior gold stocks, you are going to get the surprise of your lifetime. We haven't seen the least sign of greed in the gold stocks, but I am convinced it will come in as sure as the ocean tide comes in on a regular basis. Historically, 40% of the advace in gold stocks comes in the final two months of its advance, so you have to remain fully commited in order to maximize your gains. Sometime between now and the end of May you could make some tremedous gains which I fully expect to harvest.
http://www.kitco.com/ind/Hamilton/feb222008.html