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AGORACOM WIRE - FRIDAY MAY 25TH, 2012

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

Aim to develop and manufacture the best technology graphite in the world
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Message: Gold futures touch $915 an ounce on dollar decline

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Dick_Pole

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Re: Gold futures touch $915 an ounce on dollar decline

in response to Gold futures touch $915 an ounce on dollar decline by AGORACOM

posted on May 20, 08 10:11AM

I took advanctage of the spot price decline to purchase a few futures contracts for my portfolio in the mid $850's. I honestly think this could be one of the most obvious investments to call I ever saw. Wall St. keeps telling the investor the USD will get stronger and the credit crisis is over, but to all people actually following the situation, its clear all such chatter is rubbish.

Now buying gold itself was an easy call but buying the junior market hasn't be so predictable. Anybody else out there want to weigh in what they think about the market, the venture or Shoreham in particular?

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