AUY is a gold miner. this sector has had a lot of previous downward pressure. there was a lot of buying also in physical gold under the $700 level. i don't believe the spinsters can spin it any more than this. yamana was always solid, i traded it up to almost $20 a share. i believe we'll see prices higher than that in the coming years.
Bailout Bailout Inflation Inflation Nothing better to push up the price of gold. A little gold or alot Now it's time to grab some shares of AUX.Don't under estimate this miner she will show you a brite picture. I am goi
The dollar is going down in value. Newly printed and infused monies into the system is a precurser to inflation. And as the dollar dies gold will rise...along with other commodities. So this is a good safe bet over the next few years. IF China stops backing our debt AND the dollar stops being the currency of choice in reference to Oil THEN Gold IS King.
I believe this will happen in the next 18 months. So I'm buying all the Gold I can. When it hits $1200 I might stop buying, but I'm not selling.
Yamana Gold, Inc. engages in the acquisition, exploration, development, and operation of precious metal properties principally gold, as well as copper mining properties primarily in Brazil, Chile, Argentina, Honduras, and the United States. The company holds interests in various properties, including Chapada property, a copper and gold mine prospect, located in northern Goias State; S?o Francisco gold mine property located in the western portion of Mato Grosso State in West Central Brazil; Jacobina property located in the state of Bahia in northeastern Brazil approximately 340 kilometres n
I happen to agree with the thought that the desert oil producing nations will tolerate taking payment in depreciating currency over the long term.
Its simply too hard to imagine anyone voluntarily being that dumb over time.
Gold: The Next Reserve Currency Player
by: Greg Pinelli November 30, 2008
Greg Pinelli
The subprime crisis initiated and perfected in the United States has morphed into a full blown liquidity crush that has infected nearly every corner of the financial world. The one corner that can remain functioning in a largely rational economic way are
It seems that everywhere you turn you hear something about the price of gold, from analysts to commercials encouraging you to sell your old jewelry for big bucks. If you're tempted, how about a bit safer investment in the commodity? Let your money work for you -- invest in an Exchange Traded Fund (ETF) that hold shares in several different gold producers, and you can ride the wave of the industry.
Gold is trading down $19 today, and pulling several major gold stocks down to new 52 week lows in reaction to the drop in the precious metal.
If you follow gold prices, you know that the past month has not been kind on the commodity, with prices falling from above $900 an ounce a few weeks ago down to its current price of $716.30. Earlier in today's session we actually s...
Minyanville contributor Lance Lewis dares to share the kind of keen insight and actionable information you won't find in any prospectus. For more original thought, visit www.minyanville.com.
Professor Lewis,
Interesting times, eh what? Is gold being sold -- as the dollar trips down beneath 106 yen -- to raise cash?
For example, was the hedge fund world heavily invested enough there to make gold vulnerable as the ill effects of Lehman work themselves through the system?
Momentum trades today 1-08-08
- The price of gold has risen $16.00 over night. Also with over 50% of economists saying we are moving into a recession this morning, look for good momen...
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About Yamana Gold Inc
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Gold is trading down $19 today, and pulling several major gold stocks down to new 52 week lows in reaction to the drop in the precious metal.
Minyanville contributor Lance Lewis dares to share the kind of keen insight and actionable information you won't find in any prospectus. For more original thought, visit 
