GOLD (Au) PRODUCERS

[NYBob]

Gold is actually up 16.3% p.a. on average for the last eight years..
The yellow metal is moving from its recent to role as a fear
barometer back into its traditional pastime of trending
in opposition to the US$.
We expect that to continue, and we watch the strengthening
Indian Rupee as an important harbinger of gold’s price potential.
India has long been the most important physical market for
gold and silver.
It was the destocking of gold out of India that held some
of its price in check during the first quarter despite the
increased investment buying of the metal in other markets.
There has seen support at the Rupees 1400/gram level in
India, which has been an upward shifting target level
in Dollars of late that currently equates to about
US$930 per ounce.
Just how an improved mood within India will impact that
economy’s gold habits is an open question.
Crisis selling in India does not mean buying will resume
now because Indians are feeling better about things.
It may however mean they will again be gold holders
rather than sellers.
That would smooth the way to a higher gold price as
the dollar weakens.

There has recently been a greater shift towards asset rich
juniors and some target rich gold explorers that are
both funded and active.
When the gold price is rising, it is normal to see longer
term gold players shift some gains on more senior stocks
in the sector to these riskier gold equities.
If the weakening US$ pushes gold back towards its recently
established highs some of these companies will become
take-over candidates, and others will be see gains in
expectation of further take-over.
The pieces have already been put in place for this to happen.

The resource heavy Toronto Stock Exchange wrote almost as much
business as the New York Stock Exchange did in the first
quarter of this year (when the C$ was weaker than it is now).
The first and largest chunk of that went to gold players,
and the expectation now is that some of those funds are
about to be used for shopping.
We are just now starting to see expectations for that
cash tickling the price of low hanging metal fruit.

What about storing metals with the seller or buying ETFs.
No! No! No!
That’s paper metal, and there is no way to
ensure they are actually putting aside the metal and
its easy for gov. to confiscate it all?

We'll thank our lucky stars we had ex..
this Goldcorp low cost gold mines -
http://www.goldcorp.com/operations/red_lake_mine/

CQR PowerPoint Presentation (May 2009
http://www.conquestresources.net/Powerpoint/CQR_20090524.pdf

http://www.conquestresources.net/presentations.php

The price of gold can be volatile in the short term,
gold has always maintained its value over the long term.
Through the years, it has served as a hedge against inflation
and the erosion of major currencies, and thus is
an investment well worth considering....

http://www.goldcorp.com/operations/red_lake_mine/

Gold is strategic long term safety -
ex..strategic penny gold play....

http://www.conquestresources.net/

http://investorshub.advfn.com/boards/board.aspx?board_id=11788

God Bless