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Replies to post #20 on Sprott Physical Gold Trust (PHYS)

Replies to #20 on Sprott Physical Gold Trust (PHYS)
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jetpilot1101

12/21/11 10:44 AM

#21 RE: NYBob #20

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/12/20_London_Trader_-_We_are_Witnessing_a_Historic_Bottom_in_Gold.html

I got in at 13.94, I think the bottom is in. Looking for around 16 or so before the next correction.
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jetpilot1101

12/21/11 10:45 AM

#22 RE: NYBob #20

It is a long term play. Gold is going nowhere but up especialy with the Eurozone bailouts, money being printed like toilet paper, and clueless pols in charge.
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jetpilot1101

12/21/11 10:51 AM

#23 RE: NYBob #20

I'm a "free" member but PM for you as well.

Do you read Casey Research at all? I like their analysys on precious metals investments. PHYS was not one of their picks but they link to Mr. Sprott a lot and I think PHYS is a great way to get into gold without paying the high prices of the actual metal or the high prie of something like GLD.