Its been a tough old year for metals and mining bugs with the start of 2008 shaping up so well only to run aground in the straits of de-leveraging. Hopefully the flight to cash is now behind us and the real rate of return on cash deposits is negative so sooner or later investors will get their heads up and look for a better bang for their buck. They will also recognise that their political masters are diluting all currencies, as financial stimuli is the order of the day. Holding currencies adds up to a slow death if investors stick with paper long enough. As we go forward savvy investors will be looking to escape the clutches of government and the organised theft of their wealth. The precious metals sector offers a lifeline in that they cannot be printed by anyone and therefore offers a relatively safe harbour in which to drop anchor.
So to 2009 and a prediction from the team here: The chart at the top of the page tells a story that is about to be turned on its head, this time next year this chart will be a mirror image of itself with the USD at the bottom and the HUI at the top with gold and silver vying for second and third place. No ifs or buts, that’s it!
Finally we would like to thank you all for your very kind support despite everything and for all the comments that you have sent us, which makes it all worthwhile. Our subscriber numbers have consistently increased week by week and now stand at 15,702 with many more people viewing our sites on a casual daily basis.
On MSN for example if you search for gold prices:there are 75,700,000 results with gold-prices.biz occupying first place, the same goes for silver prices which has 43,400,000 results with silver-prices.net occupying first place and uranium stocks which has 1,180,000 results with uranium-stocks.net occupying first place.
That’s all down to you, the team out there, for which we thank you most sincerely.
Have a sparkling break and come back refreshed for what will be a year of historic proportions.
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