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6 pts

Opinion on  Yamana Gold Inc (AUY)
gold's next charge

Jan 09, 2009 12:49 PM GMT
Me
Return Risk
+1.33% HIGH
Sr. Associate

Gold's next charge should be coming soon with all this dollar negative talk out of china and the massive liquidity that we've seen being injected into the system via TARP and friends. if the market stabilizes here, AUY will be a good buy around this trading around.

with gold and gold shares though, it's really hard to time them because of the massive amount of manipulation coming from the NY session.  i advise caution trading gold and gold shares. do not use margin.

/cheers

AUY:  This call was made on 01/09/09 @ $7.1
Rating:   Positive   $7.1 (01/09/09)
Closed:   01/24/2009 @ $7.97 (+12.25% in 15 days)
Target:   $8.80 (+23.94%) in One month


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