September 09, 2009 03:50 pm
Gold companies with growing production and revenue have a better chance at survival in today's turbulent economy.
And with goldprices now rising over $1,000 an ounce and higher, these are just a few stocks poised for explosive growth.
Today's survivors will be tomorrow's leaders.
Submitted by cpowell on 04:26PM ET Tuesday, September 8, 2009. Section: Daily Dispatches
GATA Media Special: Supply and demand will send gold soaring
7:20p ET Tuesday, September 8, 2009
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy has written a summary of GATA's work, keyed to recent developments in the gold market, including China's steady but until recently surreptitious acquisition of gold, about which he has written for years but which only now is catching the attention of the establishment financial press. Murphy's commentary is headlined "GATA Media Special: The Reason for Gold's Imminent Price Moon Shot? It's a Simple Supply/Demand Story," and you can find it at Gold Drivers here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Chinese Gold Rush
China's Gold Demand Soars Amid Drop in Global Demand
By Greg McCoach
Tuesday, September 1st, 2009
The time to buy gold under $1,000 is rapidly expiring.
But you can still squeeze in the door.
It's already been a hell of a ride. . .
After sustained growth from $250/oz in 2001, gold prices have been stuck between the $700 - $1,000 level for almost 24 full months. But after a brief near-term pullback (and probably your last, best time to buy under $1,000), I expect gold prices to move higher. . . much higher. . .
Probably to the $1,250 level at first, then well over $2,500 an ounce.
After that, there's no telling how high gold prices will eventually climb.