GREY:ADAIF - Post by User
Comment by
JonEcashon Mar 26, 2007 9:13pm
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Post# 12493482
RE: subprime mortgage and S&P materials index
RE: subprime mortgage and S&P materials index"When the US$ falls, all of these mining stocks will soar."
Just to add to this, when the $US falls it is the precious metal mining stocks that will soar. Investors will turn to gold and silver as a financial hedge against the devalued greenback. Although we talk about ADA's near-term zinc production, it is first and foremost a GOLD company. It has 43-101 compliant gold resources, and it's subsidiary (RRO) is also proving up solid silver results as well.
J$