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Saturday, May 17, 2014 2:57:55 PM
There is a favorable article that just came out that predicts the POG may revisit and surpass its highs of yesteryear by the end of 2014 (see article below). If the POG even starts to move upwards towards the old highs I expect that HL will respond positively in kind. This indeed would be a welcome surprise. Its been tough watching the HL share price retreat from $8 per shares to what we're seeing today, but I'd have to say that a solid base at this $3 level has been established. Time to find a catalyst to launch the share price off this base.
Gold Forecaster Says $2,000 in 2014
http://www.kitco.com/news/video/show/Metals--Minerals-2014/666/2014-05-14/Gold-Forecaster-Says-
Note: I realize there are articles covering both ends of the spectrum, some saying gold is going to the moon and others calling for its imminent crash. I'm seeing the beginning of rising interest rates and inflation, so I'm leaning towards the side that expects a rising POG in our future.
Anyway, good day to all.
I am NOT a Financial Adviser. Nothing I post should be considered financial advice. I may be holding a long, short or no position. I am NOT compensated to post on here.
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