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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: loantech who wrote (66887)8/26/2009 8:33:59 PM
From: Rocket Red1 Recommendation  Read Replies (1) of 78418
 
Nicolas Campbell one of Canaccord’s gold guys suggests
that we are now looking at one of the strongest
months ever for gold and that’s the month of September.
Traditionally over the last decade or so, Campbell says,
we’ve seen a roughly 8% move in the month of September
and he ties that to the Indian wedding season that
gears up. October is not such a good month for gold but
then you go into the time of year, November to February
that are also part of the good cycle for gold stocks. It’ll
be interesting to see if that Indian demand for the precious
commodity does pick up as it traditionally does
this time of year but in the meantime gold stocks which
had been big movers earlier this year and have done little
of late except for the few discoveries now go into their
Christmas season.

yes sept we could see new highs for gold
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