Thursday, September 28, 2006

 

Quick Alert: Gold Breaking Out

Gold looks like its starting to catch its footing, like oil. As a result, we are seeing impressive moves in prescious metal stocks, such as: VGZ, KGC and GG.

Personally, I own the GLD and shy away from gold stocks. Its more of an asset class diversification investment for me. Therefore, I eliminate the possibility of fake copper mines or ponzi schemes made in Canada and Australia.

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DISCLAIMER: This is a personal web site, reflecting the opinions of its author. It is not a production of my employer, and it is unaffiliated with any FINRA broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities.