UXG - US Gold Corporation

[TheStockDude]

The 1 year period rom April 2008 - May 2009 has a near perfect H & S. That along with the high amount of insider buying makes UXG extremely positive in my opinion. I am going to wait until it dips back under $2.50 to buy in. Thoughts?

[BloopStocks]

I agree. There are large amounts of insider buying in the past 3 months

[TheStockDude]

Thats right. More than 10% of the outstanding shares were repurchased by insiders!

[SJSJ]

I agree that the chart looks very bullish for gold stocks.
With the federal reserve printing dollars like a counterfeiter, they have increased the money supply enormously, which will inevitably lead to high inflation in the near future. When this happens, investors will flee to commodities such as precious metals, gold, silver, platinum and raw materials such as oil and gas.