eResearch

Wednesday, January 16, 2008

eResearch Blog: Gold

Whither Gold

We wrote in our latest Clarion that we considered this to be a good time to sell the senior gold stocks. They continued to go up on Monday, but they fell in lock-step with the whole market on Tuesday and are down again today.

We are looking for gold to trade in the $830-$890 range over the next few months. But its inexorable march to $1,000 is inevitable.

Bob Weir, CFA
Director of Research
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