The Central Banks are expected to deal with the global mortgage through reflation and many believe the public is about to get reunited with their long lost love affair with PMs.
I started this thread to keep the oil sands info separate from the metals. (This thread is about PMs and BMs). I will update this header going forward. If anyone is interested in contacting me the email is sioilsands@yahoo.com
For now, the files are located here: finance.groups.yahoo.com
Warrant Values: smartinvestment.ca
I think Steven Swink is a great chartist for PMs:
stockcharts.com
His comments from the past week, which prompted me to start this thread:
Outlook (03/16/2007): XAU 115 in two months is like a magnet that will draw all but the best of stocks into it's vortex. Hopefully you have some starter positions and some lowball buy order at 10-15% under the market.
Outlook (03/05/2007) Approaching the accumulation zone. Start positions in your favorites early.
Outlook (03/03/2007): Alright people, this is where the big money is going to be made. We will get a major bottom within 1-4 months. Cal it May/June. XAU/GOLD should hit 0.19. Ideal XAU downside target - of course - the same old boring XAU target we have had for over one year - XAU 116. Ideal 15 month XAU upside target - XAU 230-250 in early 2008. Time to search the charts, start accumulating those possible 5 and 10-baggers in the Candaian chart list. or GDX. Efforts ecpended in research now will likely repay themselves ten-fold over the ensuing 12-15 months.
**********************************************************************
Disclaimer: The information offered here does not constitute an offer to sell shares in or offer advice regarding the company (ies) referred to by anyone in any jurisdiction where such offer, solicitation or distribution would be unlawful or in which the person making such solicitation or offer is not qualified to do so. All users of this information should consult an appropriate professional advisor as to whether they require governmental or other consents or need to observe any formalities to enable them to invest in any particular offering. If you are unsure of the meaning contained in any documents you read or receive in relation to this or any other offering please consult your financial or other professional advisor. |