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Re: Don post# 20455

Friday, 11/11/2011 4:29:52 PM

Friday, November 11, 2011 4:29:52 PM

Post# of 60117
Gold is heading up, as usual at the end of the year...It likes to rise with Santa Claus... And now many central banks are buying gold, a sure way to lessen the supply and drive prices up...plus, the crumbling European scene is very positive for gold...Italians and Grecians are gold buyers now that their currencies are a mess...Gold is seen as a harbor of safety in a uncertain time... and Chineese are buying more and more gold...Hong Kong had record high gold imports recently...and more gold buying by China can be expected through the Chinese new year...gold miners are trailing the price of gold and their profits are growing monster big, while their PEs lag...so gold miners are a good bet for appreciation... but all opportunities pale into insignificance in comparison to a company that is at the exploration stage and hits gold... that is where SUGO is now and the potential for gains if this happens is way high... Good Luck...

http://www.uncommonwisdomdaily.com/five-reasons-why-gold-miners-are-going-higher-13241?FIELD9=3