Day Trader Watch Report
Analysts Predict even higher gold prices.
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.
This markets current rise is pushing share pries up on HPGI as the last
30 days they have announced the results of there advanced exploration of
the Gold Belt in South America. Early investors are already enjoying a
rise of more than 120% this month alone.
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.
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