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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG
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To: rubbersoul who wrote (45083)6/27/2013 7:25:49 AM
From: Wade2 Recommendations

Recommended By
gold$10k
Machaon

   of 48092
 
“So my feeling is we are seeing the maximum stress right now. I think $1,200, plus or minus $30 is where you are going to see the bottom in gold.”

Eric King: “Pierre, what are you doing with your own money right now? Are you buying?”

Lassonde: “Yes. Actually I started buying this week. I think there are a number of gold equities that are absolute bargains. The liquidity trap has forced a lot of funds to sell. But money is still leaving the sector. That’s one of the reasons you are seeing this amount of stress.

But I am absolutely 100% convinced that come September gold is going to be 20% to 30% higher than it is today and the stocks are going to be 50% higher. So what am I doing? Yes, now is the time to put money to work and that’s what I’m doing.”

kingworldnews.com

Nibble....
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