Time to Buy Precious Metal Stocks?

By: Peter Zihlmann | Thu, Mar 13, 2008
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S&P/TSX VENTURE COMPOSITE INDEX ($CDNX)
Buy Date Amount Buy Price Price Today Gain
March 11, 2008 1.00 2667.37 2'671.46  
Total 1.00 2667.37 2'671.46 16.23
Profit (in %) 0.10%
OUR LONG-TERM RECOMMENDATION BUY
OUR SHORT-TERM RECOMMENDATION BUY

DO JUNIOR PRECIOUS METAL SHARES STILL OFFER AN EXCELLENT BUYING OPPORTUNITY?

2000 to 2008: The bull markets in gold and silver

Above charts show the strong bull markets in both gold and silver and our medium term targets based on previous market actions. Silver has outperformed gold since the bull market started and each rally also showed stronger gains. We think that silver will continue to outperform gold.

In 1980, the gold/silver ratio fell to less than 20. Based on today's gold price, the silver price would have to move towards $ 50.

Junior mining stocks offer outstanding capital gains opportunities in our mind. Click on the links below to find more about our two junior mining funds. The time to buy is now!

The recommendations were valid at the time of writing, viz. at

and may no longer be valid at the time of reading.

 


 

Peter Zihlmann

Author: Peter Zihlmann

Peter Zihlmann
P. ZIHLMANN INVESTMENT MANAGEMENT AG
www.pzim.ch
invest@pzim.ch

Peter Zihlmann

Chairman of the Board, domiciled in Zurich, Switzerland

Majority shareholder and CEO of P. Zihlmann Investment Management Ltd (the Investment Manager), with over thirty-years experience as an asset manager with different prime banks, and since 1994 CEO of P. Zihlmann Investment Management Ltd.

Your independent Swiss asset manager

THE TIMELESS PRECIOUS METAL FUND
THE SIERRA MADRE GOLD & SILVER VENTURE CAPITAL FUND

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