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8 pts

Opinion on  Vista Gold Corp. (VGZ)     Sector: Basic Materials  >  Industry: Gold & Silver
Hedge Your Funds in Gold Stocks

Jul 14, 2008 10:25 AM UTC
Blokm2-seekingalpha2
Return Risk
-7.40% MID
Associate

The Markets are in tremendous uncertainty conditions and head to fall. It will drag investors down to suffer more big losses. But all those that are suck do not mean we cannot find any opportunities to invest in the market. There are still bullish in gold sector rather than we attempt to find other stocks that might be recommended as stocks that proof from market downswing. Recession proof stocks do not ensure investors that they will be safe from sucker rally and market turbulence. Gold stocks were mostly under correction since late June as Oil Prices were corrected. As raising credit meltdown panic that was driven by collapsing Fannie Mae (FNM), Fraddie Mac (FRE), and Lehman Brothers (LEH) on last Friday; mostly Stocks were red but Gold Stocks were green. For details analysis, please visit my blog at http://conquerthewallstreet.blogspot.com/2008/07/hedge-your-f...


VGZ:  This call was made on 07/14/08 @ $4.5
Rating:   Positive   $4.5 (07/14/08)
Gain/Loss:   -78.67% in 143 days
Target:   $12.00 (+166.67%) in > one year


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Who voted on this idea?
Gekko
Walter Thatcher 78% 07/14/2008



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