abc news says do not buy gold and silver, page-10

I'm not sure where the ABC is getting their information from...but some of the non mainstream research I subscribe to out of the USA is suggesting that March will not be a good month for gold and silver. They are suggesting a correction for gold to US 1225-1250 and silver to US 23-25. The research is based upon short, medium and long term market cycles.

Whilst I do not follow them 100%, I very much take on board and respect their views...as they have been pretty much spot on with the market trends in gold and silver over the last 18 mths I have been following. Most of my investments into this sector were 12 months ago as a result of this and I been basically holding since. eg my CCU entry was 22c.

After the short term correction...they see a significant rise in gold/silver to considerably new highs.

At the moment I'm not going to sell...as the situation in the Middle East has come a bit from left field...so the correction may not eventuate as expected....but if it does it will be a great buying opportunity.

Having said that individual stocks within an asset class can buck the trend of the sector with drilling results / resource upgrades etc.

sents