Friday, March 24, 2006 11:16:31 PM
Goldcorp CEO sees Gold at $5,500 (U.S.)an ounce.
The National Post reports -
Ian Telfer sees Gold at $5,500 an ounce -
Thursday, March 23, 2006
Ian Telfer Chairman of URASIA ENERGY LTD.
"UUU.V" sees gold at $5,500 (U.S.)an ounce.
NP/DJ say ex Goldcorp CEO sees gold at $5,500 (U.S.)an ounce.
The National Post reports in its Thursday, March 23, edition
2006-03-23 08:55 ET -
In the News - that former Goldcorp chief executive officer
Ian Telfer can see gold trading at $5,500 (U.S.) an ounce.
A Dow Jones dispatch to the Post reports that Mr. Telfer
suggests a perfect storm is in place for gold to replicate
exponential gains seen at least twice in the past century.
"I happen to be bullish on gold," said the former chief
of Goldcorp and current chairman of U.S. Gold Corp.
Mr. McEwen is adamant that a number of key fundamentals
have changed over the past six years to create another
gold rush.
Mr. Telfer says in 1966, it took 28 ounces of gold to buy
the Dow Jones index.
But in the 1970s, gold went from around $41 (U.S.) an ounce
to more than $840 (U.S.) an ounce by 1980.
That was a year when one ounce of gold could buy the index.
In the late 1990s, it took 44 ounces of gold to buy the DJI.
These days it takes about 19 ounces to buy a DJI. Mr. McEwen
said gold investors should watch this ratio carefully.
If, down the road, the gold-to-index ratio moves to 5:1,
investors should start thinking about an exit out of gold.
If it moves to 2:1, investors should take their money off
the table, Mr. McEwen said.
Comparison chart for Gold Investors to see -
Some Golden facts -
666 and its performance -
vs. 888 Gold stocks -
EGX a Gold prod. leader -
btw. to be with the 888 - Gold stocks
outside America -
EGX makes it a bit harder for the 666 to confiscate -
- 888 - EGX Gold stocks -
The Eurasia faught off - 666 and got
- 888 - Liberty 1991 -
http://www.888c.com/
Bless Christ The Lord.
Posted by an 888 Brother.
Btw. Low cost Gold producers -
http://www.tsx.com/HttpController?GetPage=QuotesViewPage&SelectedSymbol=EGX&RowNumber=1&....
http://www.conservative.ca/EN/2444/
The National Post reports -
Ian Telfer sees Gold at $5,500 an ounce -
Thursday, March 23, 2006
Ian Telfer Chairman of URASIA ENERGY LTD.
"UUU.V" sees gold at $5,500 (U.S.)an ounce.
NP/DJ say ex Goldcorp CEO sees gold at $5,500 (U.S.)an ounce.
The National Post reports in its Thursday, March 23, edition
2006-03-23 08:55 ET -
In the News - that former Goldcorp chief executive officer
Ian Telfer can see gold trading at $5,500 (U.S.) an ounce.
A Dow Jones dispatch to the Post reports that Mr. Telfer
suggests a perfect storm is in place for gold to replicate
exponential gains seen at least twice in the past century.
"I happen to be bullish on gold," said the former chief
of Goldcorp and current chairman of U.S. Gold Corp.
Mr. McEwen is adamant that a number of key fundamentals
have changed over the past six years to create another
gold rush.
Mr. Telfer says in 1966, it took 28 ounces of gold to buy
the Dow Jones index.
But in the 1970s, gold went from around $41 (U.S.) an ounce
to more than $840 (U.S.) an ounce by 1980.
That was a year when one ounce of gold could buy the index.
In the late 1990s, it took 44 ounces of gold to buy the DJI.
These days it takes about 19 ounces to buy a DJI. Mr. McEwen
said gold investors should watch this ratio carefully.
If, down the road, the gold-to-index ratio moves to 5:1,
investors should start thinking about an exit out of gold.
If it moves to 2:1, investors should take their money off
the table, Mr. McEwen said.
Comparison chart for Gold Investors to see -
Some Golden facts -
666 and its performance -
vs. 888 Gold stocks -
EGX a Gold prod. leader -
btw. to be with the 888 - Gold stocks
outside America -
EGX makes it a bit harder for the 666 to confiscate -
- 888 - EGX Gold stocks -
The Eurasia faught off - 666 and got
- 888 - Liberty 1991 -
http://www.888c.com/
Bless Christ The Lord.
Posted by an 888 Brother.
Btw. Low cost Gold producers -
http://www.tsx.com/HttpController?GetPage=QuotesViewPage&SelectedSymbol=EGX&RowNumber=1&....
http://www.conservative.ca/EN/2444/
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