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Gold & silver: Getting ready to shine

 Jun 18, 2008 05:00 AM UTC
Symbol Sentiment Start Return Closed
GLD Positive 06/18/08 +7.62% 07/11/08
SLW Positive 06/18/08 -76.35% --
CEF Positive 06/18/08 -25.35% --
SSRI Positive 06/18/08 -71.16% --

Graphic_arrow1 Via TheStockAdvisor:  

 "This correction in precious metals is a normal occurrence in an ongoing bull market," says resource sector expert Curtis Hesler, who had correctly forecast the current setback.

In his Professional Timing Service, the advisor outlines his expectations for gold and silver prices and offers some favorite investment ideas in the sector.

"We are beginning to hear all sorts of bearish commodity talk from the media, as you always do when prices correct. But you must firmly understand that this commodity bull is not a 'bubble'; it will become a 'bubble' eventually, but not for some time yet.

"We will see more rallies and corrections along the path of this bull. Corrections are buying opportunities. We likely have a little more time in this gold correction before the next bull move begins, but prices look close to making lows soon.

"I have been forecasting $840-$825 in gold

...




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1 20.58 +45.12% 177
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