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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: rubbersoul who wrote (28882)5/5/2011 9:15:09 PM
From: TheSlowLane1 Recommendation  Read Replies (1) of 48092
 
From an email I got tonight from GATA:

GATA is not in the trading business or an investment adviser, but when our friends in those lines of work talk about the precious metals, we know that our other friends like to listen -- especially when our friends with great trading records talk.

At 11:33a ET today Peter Grandich of the Grandich Letter, who had called the plunge in the precious metals exactly, announced that he had returned to being fully invested in them:

grandich.com.

Tonight in an interview with King World News, Hinde Capital CEO Ben Davies, who had also called the plunge exactly, reported that his firm had covered its hedges and was getting back into silver too. "This is the start of a great opportunity to accumulate silver," Davies said. "All the key fundamental issues in the world have not gone away, nor those specific to silver, such as the fact that it is under-owned and short of supply in the medium-term." An excerpt from that interview can be found at the King World News blog here:

kingworldnews.com;
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