Thursday 18 April 2013

Gold & Silver Prices Rebound, Rubber Glove Counters rise

After the historic waterfall tumble in Gold & Silver prices, it seems to have stabilized. Gold is again challenging the $1400 per ounce range, while Silver the $24 range. More news to come from Gold producers going broke. At such a low price, it is simply challenging to make a decent profit to pay for operations. Thus, logically this presents a good buying opportunity, as supply decreases in the market.

Also, recent increased reports of bird flu infections and deaths is not UNEXPECTED, when I made my buy call. TopGlove and Supermax made significant gains since my call. Further upside? Let's wait for it to fully play out. Now's just the beginning...

Supermax Berhad
TopGlove Berhad

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