Precious Metals Stocks Are Likely to Rally...by Przemyslaw Radomski

Why Precious Metals Stocks Are Likely to Rally from Here…

by Przemyslaw Radomski - Sunshine Profits

Published : November 05th, 2011

So gold is not really money anymore (not yet?), but keep in mind that it does have most of the desirable properties of money. It is durable, portable and easily divisible into bars and coins that share uniform properties. It is easily recognizable. Gold's value and purchasing power are stable over time, as its supply grows slowly and it cannot be created ad infinitum as fiat paper currency can be. .............


http://www.24hgold.com/english/news-gold-silver-Why-Precious-Metals-Stocks-Are-Likely-to-Rally-from-Here%20.aspx?langue=en&article=3689488720G10020

In the very long-term XAU gold and silver miners’ index chart, we see that index levels are once again trying to move above their 2008 highs. Once this is accomplished, the next stop appears to be considerably higher, and an upside target levels of 220 and 230 (previous highs) seems reasonable. We have a bullish situationat hand. ..........


http://www.24hgold.com/english/news-gold-silver-Why-Precious-Metals-Stocks-Are-Likely-to-Rally-from-Here%20.aspx?langue=en&article=3689488720G10020


All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.