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Future Inflation Fears Fuel Price of Gold Shares and Warrants
By: Lorimer Wilson
www.PreciousMetalsWarrants.com and www.InsidersInsights.com
The 2008 stock market meltdown brought panic and forced liquidation to all market sectors and especially junior resource shares (- 58.2% on average) and their associated warrants (-80.1%). Shares of companies that had a solid foundation for development, production and growth were unceremoniously dumped along with those more numerous juniors that had little more than hopes centered on grass roots exploration prospects. As a result of this indiscriminate selling – this throwing out the baby with the bath water – extraordinary opportunities have emerged creating once-in-a-lifetime values for discerning investors.
In spite of major rallies in the GDM,…
30Jun2009 | Lorimer Wilson | 1 comment | ContinuedThe Law of Unintended Consequences
So let me see if I get this straight. From their recent lows …
Crude oil prices have more than doubled — to $72 a barrel from $33.55.
Gasoline prices have surged 62 percent to $2.62 a gallon from $1.62.
Gold prices have tacked on $147 an ounce. Platinum is up 27 percent and silver has soared 45 percent.
Wheat prices are up 17 percent, soybeans have jumped 49 percent, and corn has rocketed 25 percent.
At the same time, the difference in interest rates between 2-year and 10-year Treasuries has vaulted to 260 basis points. That’s just shy of an all-time record —…
12Jun2009 | Money and Markets | 0 comments | Continued
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