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02/12/09
09:03
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Hi Susan,
A new 52 week high today would not surprise .... if not today, I don't think it's far away.
The chart looks very positive, ever since it made an end of week close +$6.10 on good volume.
I see AQP as a good bet each way:
Scenario 1 : more ecomomic troubles --> gold and PM's like platinum as "safe havens"
Scenario 2 : Economic recovery on track = growth in US automotive industry and catalyctic converters (good for platinum)
And ... if inflation continues to grow gold/silver/platinum/commodities will be winners.
Just some of my off the cuff musings.
However, it's the current strong technical picture that is arousing interest.
Good luck.
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