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To: Goose94 who wrote (9972)10/30/2014 11:16:35 AM
From: Goose94Respond to of 203376
 
Uranium Spot Price Breaking Out, Junior Uranium Stocks Ready To Bottom?

The commodity equities are selling off as The Fed halts QE3.

Commodities, metals and the junior miners are hitting multi year lows and falling below 2008 credit crisis levels. This is not a time to panic but continue to accumulate as the bear market may be reaching the final capitulation stage.

This decline may be a sign that the quantitative easing may have lifted stock market indices, but it did little to improve demand and growth in the economy reflected by demand for energy and metals.

The New Orleans Conference which was headlined by Alan Greenspan the former Federal Reserve Chairman from 1987 to 2006. It is interesting to note that Greenspan has become bullish on gold. He believes that quantitative easing did not accomplish what it was designed to do. It helped lift the stock market and stabilize the real estate market, however it fell short as the US economy is not really recovering like it should have.

Gold is the best hedge against this uncertainty.

By: Gold Stock Trades