is thinking about $$$$$
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Thank you...I will do..
Nice 25k at. 0145....
Ya the way gold and silver is jumping over the past year, things are only going to look brighter..IMO
Company is looking good...and the chart looks great as well...Heres some more DD....Higher inflation to push gold to $1000/ounce, says RBC
RBC Capital Markets says increased inflation expectations are not priced into the gold price, but it highlights risk of significant physical selling
RBC Capital Markets believes the gold price will reach $1000/ounce or "perhaps significantly higher" later this year and into 2009 as inflation will rise in Asia and the Middle East and the US dollar will remain weak in a Fed rate cutting cycle.
The bank's equity research division said in a recent research note it maintained its longer-term bullish outlook for gold as it believed increased inflation expectations were not priced into the commodity.
We expect investment and macro fund buying to push gold through the $1000/ounce level over the next few months," said RBC.
However, the bank highlighted the risk that without any follow-on physical demand for gold, particularly out of India, the Far East and the Middle East - accounting for 70% of annual physical demand for gold - significant physical selling could occur.
Significant physical selling was observed in 2006 when the gold price spiked to $735/ounce and then sold-off to $550/ounce.
RBC believed a similar correction could see the gold price retrace back to the mid-$800/ounce level during the summer months with seasonally weaker demand.
Potential IMF Gold Sales and the Price
RBC believed any IMF gold sales were likely to occur in an "orderly fashion" and possibly as part of the current European Central Bank (ECB) gold sales programme of 500t/year.
The International Monetary Fund (IMF) currently holds 3,200 tonnes of gold and is the third largest holder of bullion, after the US (8,100t) and German (3,400t). The IMF needs approval from the US Congress to sell any of its gold, as currently being considered by the US Treasury, but this approval could take months in the current election year.
RBC could envisage IMF bullion sales replacing Swiss central bank sales within the current ECB gold sales programme. Switzerland completed its initial programme of selling 1,170t in 2004 and has only sold gold on a spot basis since then.
The bank believed that given current strong institutional and retail investment demand for gold, the bullion market could absorb any IMF gold sales within the context of the current ECB gold sales programme.
"Then in two years' time, when the current gold sales agreement expires, we believe the bullion market could absorb ECB gold sales of up to 700t/yr without a "serious negative impact" on a $850/ to $950/ounce price trading range. "
Two hundred tonnes represented an estimated 5% increase in global supply (from a 3,800t/yr market) when annual global physical and investment demand for gold has been growing and mine supply is expected to continue to contract.
Silver tracks along with gold
RBC believes the silver price will track the price of gold, breaking the $20/ounce level with a "push by gold through $1000/ounce".
Its fundamental view on silver remained bullish for the next few years, until new mine supply from primary silver mines and from other new gold and base metal mines came online.
Ya the rumor of news, is just what this company needs right now. .014x.0145 1x1
Ya we should see a pretty good close today...
We just need somemore volume coming in you know?
Ya the company is moving forward, thats for sure....
Are you thinking about picking up a few shares?
We need someone to hit .0145 on GPGD and run this.
It's just a matter of time till this takes off IMO.
.014x.0145 1x1
.014x.0145 1x1
no prob bud....
I agree....with the upcoming merger and all we should be well over .02
.014x.0145
GPGD about to go crazy...with the upcoming merger and all we should be well over .02
.014x.0145
It appears you right. The 200MA should be no prob to surpass.
I just hope ppl keep picking up those shares.
Yep..You would have to be a fool to sell right now.
Great up trend on this one.
Nice up trend for sure....Thanks for the great chart
Yes it should.I hope the volume keeps pouring in for the EOD run.....but i think it should IMO
.014x.0145 and still going..weeeeeeeeeee
I like how the buyout is pushing this thing...
But one thing about vegas is...You could also come back a winner!... .0135x.0145 1x1
You just got to keep playing is all...
.0135x.0145 1x1...it's on the up and up...
1 left at /.014 on GPGD..
Breakout happening.. .0135x.014
1 left at /.014...weeeeeeeeee
GPGD breakout!!!!
0135x.014 .014!!
Pick um up while you can this cheep...
for sure..Im picking up what i can before it goes too high...
thank you very much...one right back at you..(=
will do...heres that breakout..0135x.014 .014!!
You cant just judge this stock because of the actions of another piece of crap one....or maybe you can.
I think it's a great time to pick up a few shares either way, if TRGD can improve there share price like they did, anything is possible..LOL...We are playing the pennys you know? it's a risk no matter what.
Everyone is thinking EOD. Im sure we will see something either today or tomorrow at the latest..
Thank you very much larry...Just like i said before, i like the idea of a cartoon board
Nice uptick....013x.0135
Starting to pick up again..
Good to see somemore ppl are starting to pick up a few more shares.
Good morning everyone....hows everyone today?
I like the board, great idea.
GPGD...0125x.013 2x1
A buyout is in full effect right now. All we need is a little more volume and this baby is going to blow up. It's paper thin right now, and it's been riding on the rumors of news EOD today..200k volume so far
Nice...Well im ready for it.
.0125x.013 2x1
Yep, even Amerossi Energy can see the money in gold right now. Im sure everyone has read something about the gold price reaching $1000/ounce or "perhaps significantly higher" later this year and into 2009....When do you think we will hear more news on the company?
Ok, GPGD is going to pick up again.
With it as thin at it is, we wont see .012x.013 for long.
Not to mention the way gold and silver have been acting lately, and the buyout taking place...this is a no brainer
Whats some other good stocks right now guys?
All we need is about 200k volume and its way over .015
Got to love buyout rumors..lol
.013x.0135 3x1
When do you guys think we will see news?
What do you guys think of GPGD?
we had 10k shares hit it....
I think the rumors of a buyout is really pushing this forward.
GPGD.....013x.0135 3x1
News of a buyout, fueling this stock for a run today..
could flip it and make some $$$, or hold on to it...choice is yours.
Keep a eye out on GPGD..Theres rumors of a BUYOUT taking place.
It's at .013x.0135 3x1 and looking to run to .015
What do you guys think?