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First Asset Morningstar Emerging Markets Composite T.EXM.A



TSX:EXM.A - Post by User

Comment by thebluenoteon Jul 01, 2008 4:43am
544 Views
Post# 15246796

RE: EXM-v a steal at these prices

RE: EXM-v a steal at these pricesI'd be extremely surprised if gold didn't head through $1000 this month!  The USD is on life support at the moment & the USD index will have problems staying above 70!

I agree with you that junior PM's have been looking extremely attractive!  I have been trading oil & gas plays and using the profits to buy (IMHO) undervalued or overlooked gold & silver plays!  I haven't been holding on to stocks for more than a week or so!  I'd like to have a basket of junior PM"s bought with profits from other plays mitigating my risk!  Personally it is my belief we'll see another "Bear Stearns" shortly and the markets will sell off, possibly dragging commodity plays along with them..................temporarily, of course!

I have been targeting producers such as EXM!

All the best,

The Bluenote
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