Gold prices hit their last all-time high in 1980. That was US $850 and ounce. Adjusted for inflation, you get US $2,177. I continue to believe we are in the early innings of the bull market for commodities, and believe gold is headed to $3,000 an ounce.
WASHINGTON (PRWEB) March 14, 2008
"The commodities sector, particularly gold stocks, is one of the hottest investment opportunities of today. With growing worldwide demand for basic metals, junior mining operations like the ones we cover present investors with some of the best opportunities for real stock price gains. That's why at SmallCapInvestor.com we're putting a special effort into tracking and reporting on the best of these companies," said SmallCapInvestor.com editor-in-chief Bob Bogda.
In November 2007, Bogda notes that SmallCapInvestor.com profiled two exciting small cap gold stocks, Great Basin Gold (AMEX: GBN) and Aurizon Mines (AMEX: AZK). So far in 2008, Great Basin is up 16% and Aurizon is up 20%.
To read the gold stocks report on Western Goldfields, go to: http://www.SmallCapInvestor.com/articles/03142008-Western_Goldfields_t he_new_gold_rush?r=pr_031408 (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)
SmallCapInvestor.com Chief Investment Strategist Ian Wyatt is forecasting the price of gold will soar to $3,000 an ounce. "Gold prices hit their last all-time high in 1980. That was US $850 and ounce. Adjusted for inflation, you get US $2,177. I continue to believe we are in the early innings of the bull market for commodities, and believe gold is headed to $3,000 an ounce."
"Small cap gold stocks such as Western Goldfields present individual investors with some of the greatest opportunities for investment returns in 2008. My team at SmallCapInvestor.com continues to search for compelling small cap gold stocks, which we will continue to present to our readers in the coming months," said Wyatt.
SmallCapInvestor.com is the destination website for individual investors who are seeking independent, reliable and wide-ranging news, research, and analysis on small cap stocks with market capitalizations of less than $750 million. Coverage includes the small cap benchmark Russell 2000 and Russell MicroCap indexes, as well as articles on specific industry sectors and individual companies that are included in these indexes. Registration for SmallCapInvestor.com is free and open to all individual investors at http://www.smallcapinvestor.com.