Re: We're getting close to an intermediate term bottom

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Re: We're getting close to an intermediate term bottom

in response to

We're getting close to an intermediate term bottom

Klaus

posted on Aug 03, 2011 10:52AM

I think that QE3 is on the way, this will be announced on 9th of August 2011, will be very ugly for USD, and Gold could see even 2000$ in no time, maybe is good to buy REEs stocks right now together with Gold stocks, I am long PEM, stock should be at least at 80 Cents even without new Gold discovery and with one Big Hit will test all time high in no time. I don't understand why Junior Gold Stocks are so undervaluated but that could change in Big way very soon...

GLTA

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