Archive for December, 2009
Correction of gold and silver prices. What now?
Since last week prices of both silver and gold went into a sharp correction. And that is what it is, a correction!
This might be the last change to buy in on physical gold and silver and mining stock at reasonable prices. This correction is a healthy step in the way up. The majority of investors are interpeting the GDP data of the U.S.A totaly wrong. We see the first signs of inflation in these numbers. And inflation should mean higher prices for gold and silver. The stock markets are experiencing a classic end-of-year rally, and a large correction into the new year is inevitable.
This week we sold all our shares of International Royalty Company (AMEX:ROY | IRC:TO) @ US$ 7,15 we bought IRC in June (before our website was launched) at a price of $ 3,55 a very nice profit so we think! IRC was the very first company we invested in. You can look into our entire portfolio at http://cashinfo.org/about/
We wired some of our profits to our gold account at BullionVault.com and will buy gold when once the transfer is complete. Please click our affiliate banner below to find out how this company works by receiving a free gram of gold to practice with! Note: If you sign up via the banner below CashInfo.org will earn commission if you fund your account and start trading.
There are some interesting companies we are following at the moment. When we decide to invest in one of these companies we will let you know immediately on this website!