SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : GSS-Gold Star Resources
GSS 3.900+0.3%Jan 27 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Richard D who wrote (163)1/14/2008 9:33:27 AM
From: sammaster   of 200
 
gss time is coming soon..
i fear a sharp correction in gold price will occur the same time gss proclaims its good results..
however this will only be a short setback as there are few gold miners that are actually increasing production and reserves..
also momentum traders will chase increasing earnings in any industry and there are not many industries right now with increasing profits..
from what i read it seems like big intitutions are moving their money into sectors such as gold that do well in recessionary/inflationary/anti dollar sectors...including gold...
i was very suprised when gold took off in the new year, which may mean gold is a favored sector this year by "big money"
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext