TSX:SGR.UN - Post by User
Comment by
Avocadopiton Nov 09, 2008 11:59am
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Post# 15574956
RE: RE: EXPERTS SAY, TIME IS NOW FOR GOLD
RE: RE: EXPERTS SAY, TIME IS NOW FOR GOLD
I agree. But the time to buy is a lot closer than you might think. I doubt it will get to $400, since that would require breaking the 7 year trendline, which is usually considered to be severley bearish. Gold would go a lot lower than $400 were that to happen.
See:
https://www.kitco.com/ind/Radomski/nov072008.html before you do your next purchase. I'm hoping San Gold SGRCF drops down to 40 cents or lower so I can load up. Long term I think its an outstanding buy. Another Red Lake if it doesn't get swallowed up by Goldcorp or another company.
Andy