Primo Stock Picks

[takeover]

GSPG is raging, with gold prices this might be a winner!!!

Also radaring DKGR, if they bring information to the table it could move over .01


Other stocks I hold ABX NEM BHP AUY IVN

Gold surges above $800 after Fed cuts rates
The precious metal rises to new high for the first time since 1980

By Polya Lesova, MarketWatch


NEW YORK (MarketWatch) -- Gold futures surged above $800 an ounce for the first time since 1980 on Wednesday after the Federal Reserve cut the fed funds rate by a quarter-point to 4.50% and said that the recent spike in commodity prices may put renewed upward pressure on inflation.

In after-hours electronic trading, gold for December delivery rose as high as $800.80 an ounce on the New York Mercantile Exchange, its highest level in nearly 28 years. The all-time high for a benchmark gold contract on Nymex stands at $875, set on Jan. 21, 1980.