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Aurizon Mines Ltd. Message Board

  • pinkeyepete2 pinkeyepete2 May 14, 2009 9:58 AM Flag

    Aurizon is a real gold miner

    While the quazi copper/gold miners still look shacky, gold miners like Aurizon have done well these past few months. The dollar has broken down through support on the charts again, and that would indicate a retest of the lows of 70 area on the index. Maybe the dollar bounces at that point, but fundimentally it's going to make new lows over the next couple years, and gold will make new highes. Frankly with the new spending budget from congress, and the fed printing new money gold is very under priced, and could trade as high as $3000 without being over priced as we move into 2010. Did you folks notice that inflation jumped up the minute the economy looked like the blood bath was showing signs of slowing. We aren't talking an economic boom here, just the mier impression that we might see a decline in company failures caused oil to jump up 20% to the high 50's, and the dollar to lose 10% of it's value in less than a month.

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