2009 is going to be a tough year. The banksters are robbing the American people. Our phony economy is collapsing. We still have a mess on our hands in the middle east. And we have a president coming into power who thinks he can make it better with more government. Yes, indeed, we have our work cut out for us.
But if your lucky enough to have some semblance of saved capital, there is one safe investment in my humble opinion. Precious metals. Gold & Silver, to be more specific. From my last post Gold is up $23.80 an ounce to $880.90 and Silver is down a measly 11 cents at $11.05 an ounce. I stick by what I said before, gold and silver are going to skyrocket next year.
Although I believe having physical gold or silver bullion in your possession is the safest investment, i'm going to name 6 stocks I speculate as going significantly higher next year.
Agnico-Eagle Mines Ltd. (AEM) Currently $51.75 a share (12-31-2008)Yamana Gold, Inc. (AUY) Currently $7.77 a share (12-31-2008)DRDGOLD Ltd. (DROOY) Currently $5.53 a share (12-31-2008)Capital Gold Corp. (CGLD.OB) Currently $.40 a share (12-31-2008)ENTREE GOLD INC (EGI) Currently $.88 a share (12-31-2008)SILVER WHEATON CORP (SLW) Currently $6.43 a share (12-31-2008)Have A Great New Years Eve Everyone!
