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)
For now, the files are located here:
finance.groups.yahoo.com
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 (03/05/2007) 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. |
