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Southern Arc Minerals Inc V.SA.H

Alternate Symbol(s):  SARMF

Southern Arc Minerals Inc. is a Canada-based investment vehicle considering potential opportunities in all industries. The Company has not generated revenue from its operations.


TSXV:SA.H - Post by User

Bullboard Posts
Post by tsrimuangon Jul 09, 2009 9:51am
214 Views
Post# 16126929

Sell gold????

Sell gold????From a technical standpoint, gold looks set for some short-term pain. Just like stocks, the gold chart is taking a page from 2008.  Of course, we can always buy it back at a lower price.  Money is king right now. Gold has failed to deliver the righteous moonshot many had forecast. It certainly was a better place to be than stocks, but gold still suffered.  But it would have been better placed in a good interest-bearing account somewhere in SE Asia or the orient.  Or, better still...  an energy trust in Canada, most of which are giving returns of 10% as dividends.
Bullboard Posts