Gold prices near all time highs as dollar continues drop.
<[email protected]> Fri, 16 Nov 2007 12:21:37 +0530
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World Watch Report Gold once again provides stable haven from falling market. 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. In this growing market companies like Hemisphere Gold are showing a promising future due to there recent gold findings in South America. The last 30 days has seen an increase in share prices of over 115%. Next week Hemisphere has scheduled an extensive media release to rally investors as they prepare to close the final stages of exploration of could very well prove to be an 800 million dollar mining operation. Get on HPGI Friday.