Sage Gold Inc SGGDF

Going for Gold

[LedtoBelieve]

With the price of gold now near $1360 U.S, and approaching yet another recent high, this equates to $1675 Canadian, or now about $550 Canadian of profit per ounce. More importantly however, people are scurrying to put precious metals back into their portfolios. With only a small percentage of people having any form of gold ownership in their portfolios in the form of stocks, and etfs, things are looking up. Call it geo political uncertainty, debt bubbles everywhere, and the fact that the U.S stock markets haven't had a 10% correction in 2 years plus is giving people the jitters, as the markets have been clearly behaving irrationally lately. As well, with the U.S dollar currently on the decline, and with its trade policies putting duties on many imports such as lumber, the coming inflation is further ammunition for holding gold in one's portfolios. And since there hasn't been a lot of drilling going on by most of the gold players over the past 5 years or more, there will soon start to be some acquisitions I am sure, and I am sure that this only bodes well for Orefinders. Let the good times roll!!