TSXV:NORA.H - Post by User
Post by
utellme101on Jan 11, 2008 2:06pm
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Post# 14189339
Mortgage money may be drying
Mortgage money may be dryingup but both Feds are talking about dropping interest rates to stimulate the rest of the economy. Where will all the RRSP money go? Certainly the Venture offers one of the best ways to make money.Banks and real estate are seen as a bad investments. What does that leave? I read that one economist is talking about a 2.25 decrease in interest rates this year. That could happen to protect the US$. Meantme Gold and silver are a safe haven. I agree they have core results, and must be waiting for a little upswing to the market before delivering them. A set of holes like the last 10 combined with the price of silver and we could see $2.50.
But the prize is $4.50 on the take out. BUT what if we prove up 130,000,000 oz?