GOLD has to $2000 by end of this year!
BULLS set free at WStreet soon arriving on GOLD STOCKS....AUY is Red Hot !
Naked short selling shall stop immidiately and let AUY management approach DTC asking for delivering shares past due now for months.
Warning! You are advised to consider the implications of classifying your securities as
collateral. Collateral can be used to support your net debit and therefore can be liquidated
by DTC in the event you are unable to pay your settlement obligation.
"A weaker-than-expected rise in consumer prices at the start of Q3 further fuels the dovish argument for the Fed to remain on the sideline, delaying liftoff beyond the September FOMC meeting," Lindsey Piegza, chief economist at Stifel Fixed Income, said in a note. "Since the end of 2012, every Fed communication has continued to acknowledge the substandard level of inflation which continues to persist. Thus, at this point, raising rates with inflation so far below the Fed's target could create a misperception in the marketplace that the Fed has lowered their inflation goal."
Out of 7Billion world population 4Billion in Asia which buys GOLD ! India China Indonesia, all buys Physical Gold as a currency reserve... Forget Swiss &USA as they have Paper Gold !
15%up Today! count your penny gain but book value $3.5 minimum by all means.
Once Gold breaks that psycological barrier at $1120 we will see all GOLD stocks to its book value. AUY was hammered heavily for no reason, no wonder AUY moves faster amongst all other Gold stocks. $3.5 Billion is Market Cap as per books.