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Opinion on  Goldcorp Inc (GG)     Sector: Basic Materials  >  Industry: Gold & Silver
Market Unrest = Gold. Oldest formual known to man

Jul 15, 2008 11:48 AM UTC
Intelligence
Return Risk
-16.42% LOW
Sr. Analyst

Will benefit from others pain. Even Grandma knows this trade.


GG:  This call was made on 07/15/08 @ $52.15
Rating:   Positive   $52.15 (07/15/08)
Closed:   08/20/2008 @ $32.23 (-38.20% in 36 days)
Target:   $55.00 (+5.47%) in Three months


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meltdown   N/A     1 point   commented 177 days ago reply

As the Financials fall apart and as panic sets in a cute little "cub" market turned hungry ferocious "BIG DADDY BEAR" overnight, I believe you can't go wrong in GOLD (REAL MONEY), or SILVER, which is the "POOR MAN'S GOLD". Silver Valuations are much lower by ratio than they should be, and it is more affordable to the average little guy, so I like silver better than gold. Additionally, silver may be actually rarer than gold in terms of how much is readily available upon demand for delivery, and much more necessary for industry. Silver coins are even rarer than actual silver bullion. I believe gold and especially silver are in for hube bear market runs any day or week now, as the other markets become more and more volatile due to surging OIL PRICES that don't seem to be ready to go back to $100/barrel range any time soon. The whole economy seems to have been dependent on cheap oil, which is controlled by countries that hate US. Cheap OIL is a thing of the past, as will be paper money (debt instruments) very soon. Run to Real Money.


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meltdown N/A 07/15/2008



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