AZM 0.00% 3.2¢ azumah resources limited

note on gold from global sprott team

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    I received this from Sprott, Gold are turning around. Major opportunity for brave PUNTERS.

    Sprott famous Rick Rule's Investment Strategy:
    "buying companies that have intrinsic and undeniable value. Our experience shows us that downturns lead to bull markets, and vice versa. So investors should be aggressively looking to get their money into the market, while prices for outstanding companies are low.”

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    1. What is the right time to invest, in your estimation?

    “The timing on investment in the gold sector is critical, and frankly, I believe the time to invest is now. In order to realize the greatest appreciation of your investment, you need to get somewhere near the ground floor. Gold prices have lost 23% so far this year – and a third of their value over the last two years -- but the fundamental reasons for owning gold remain the same. With the trend towards ever increasing world demand for physical gold, and little to indicate that this trend will reverse, I believe the timing is right. In fact, we have recently seen some rebound in this sector. Will we see more? It seems inevitable to me.”


    2. So, what kind of advice would you give our readers right now?

    “My advice is to take full advantage of this present market anomaly. Start by reorganizing and loading your stock portfolio with premium holdings. You have to be willing to shake down your portfolio and get your money into the right companies. That may hurt a little; because many investors have taken huge losses on stock they were invested in and believed in. Paramount in this strategy though, is timing and quality stock picks.”
 
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