Bob Hoye”Just looking at the Gold Shares now, we have an index in Gold Shares going back to 1900 and there has been only one other time were it has been this oversold and that was in 1924. So one could say that this is about the most oversold you can get, and our advice on Gold Shares a few weeks ago is that people should be accumulating good quality Gold Shares into weakness. It might take another week to set the low in here, but then the performance out of this oversold should be rather good. I am content buying either good exploration stocks where you know the story, or some of the senior Golds or Gold share ETF’s”.
How to Time a Blue Chip Buy
When you’re ready to buy a stock for purely fundamental reasons, you need to pay the best possible price for your investment.
Technical analysis is a tool that can help you do just that. Today, we’ll put it to work to analyze one of the most popular names on the market…
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