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$15.90 -0.27 (-1.67%)
7/3/2008 1:01 PM

Yamana Gold, Inc. (USA) (AUY)

CAPS Rating:
*****

The Company is an intermediate gold producer engaged in the acquisition, exploration, development and operation of mineral properties in Brazil, Argentina, Honduras and Nicaragua.

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Recs

22

Avatar goofypicker (85.71) Submitted: 3/20/08 11:05 AM : Outperform Start Price: $15.76 AUY Score: 3.77

Gold and silver have taken a sudden drop during the past week. Many speculators are panicing and claiming that this is the end of the "commodity bubble". I don't think so. If you look at the fundamental reason behind the last 6 months rise in precious metals, you have to ask yourself....has anything changed? I don't think so. The Fed continues to pump liquidity into the market, the interest rate continues to decline, inflation continues to increase and the dollar continues to fall. That being said....if due to demand decreases oil drops sharply from here...there is a possibility that precious metals will follow. Precious metals will experience quite a bit of volatility and the gyrations may be tough to handle but I think due to the fundamentals that I mentioned above that a year from now precious metals will be much higher.

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Avatar TMFSinchiruna (99.00) Submitted: 5/02/08 8:09 PM

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Goofypicker, congratulations! Your astute view of the macroeconomic landscape will earn you great profits as you go forward. :) You get it! I predict your CAPS score will soar over the coming months and years. Your might be feeling burned by having purchased AUY early in the correction, but remain resolute... you will earn a quick double before gold reaches $1,250. I'll be keeping an eye on your progress. :)

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Avatar MANORBORN1950 (81.73) Submitted: 5/20/08 6:05 PM

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VERY POSSIBLE 1,000,000 OUNCES OF PRODUCTION STARTING BY 1 QUARTER OF 2009 THROUGH 4 QUARTER 2009. SOUTH AMERICAN GOLD PRODUCER WITH MAJOR ASSETS THAT WILL SOON BECOMING INTO PRODUCTION THERE.

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