Dollar continues fall against Yen and corporate projects look dark.
<[email protected]> Thu, 15 Nov 2007 20:45:57 -0500
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E-News Market Notice Gold is the grab for concerned investors. Hemisphere Gold Inc (HPGI) $1.14 "Bullish gold," said Zachary Oxman, a senior trader at Wisdom Financial. "I think the Fed had a choice, housing or inflation, and they chose housing. As such, you've got inflationary pressures running rampant despite what the government tells us.... I'd peg real inflation at over 6% and I think that will continue to put pressure on the dollar and increase gold and crude prices," the gold market continues to flourish in the current economic turmoil. More investors are turning to gold for stability in there investment dollars. Investors are not only looking for gold but in this bleak market but mining and exploration groups that are in the advanced stages of new mining operations. Hemisphere Gold is on the top of the list after its recently published findings of rich deposits in the Suriname Gold Belt over the last several weeks. Next week an aggressive marketing campaign is expected to draw attention to the investment potential provided by HPGI. Those looking for maximum returns are already moving on it this week as it is expected to climb hard with next weeks new exposure to investors.