Wednesday, September 24, 2008

For GT Blog September 24, 2008

The current US FED bailout plan was raised concerns about the effect of too many dollars being printed to "fix" the problems on Wall Street.

Gold and the gold stocks could be a beneficiary of a pending return to an inflationary period

Perhaps the safer way to participate in a probable rally in the precious metals complex would be to seek out the oversold silver miners

Note our Silver vs Gold chart below - clearly displaying the oversold condition of silver

Bill Carrigan

1 comment:

chrispycrunch said...

this is an interesting investment strategy: does it follow that the other commodities should rally as well (oil, copper) since commodities trade inversely to the USD?

Side note: Strangely, Darren's bio reads similar to mine (IT background, investments, real estate rep.)