GOLD 0.51% $1,391.7 gold futures

embry: gold shares up at least 50% by year end

  1. 24,765 Posts.
    When asked about the mining shares specifically Embry replied, "I remain extraordinarily bullish on the mining shares. The HUI has penetrated the 600 level to the upside, now it is pulling back to the 600 level. The next move of any significance will be a dramatic rise and I would be disappointed if it (the HUI) didn't rise at least 50% by year end."

    The full article titled "Embry - Institutional Gold Holdings Will Increase 12 Fold" is at http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/9/13_Embry_-_Institutional_Gold_Holdings_Will_Increase_12_Fold.html
 
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