Wednesday, March 3, 2010

New hidden Jewel - Gold Stock

Gold is a key piece of any survivalist's investment strategy with inflation fears and economy. An wellknown  analyst thinks gold could rise 20% by the end of the year to hit $1,400 an ounce. There is one stock I think is a hidden jewel in gold mining. Soros Fund Management has this one in its portfolio and that is way we found this hidden jewel. On of the Wall Street analysts gives a median price target of $3.10 per share.

             Higher gold prices would obviously boost the shares of mining companies rich in gold reserves.  One of our  favorite  is Great Basin Gold. This mining company  holds the rights to huge reserves in South Africa and Nevada, yet it trades around $1.65 a share, for a value placed around $550 million. Good luck