re: Ann: ZSP: SandP Announces March SP/ASX In... Lord Spesh
Inclusion is definitely a positive as more Insto's will now have it on their radars and will be able to buy it. The addition to the register the other day of the more traditional investment type funds was also noteworthy as I said at the time.
IGR's market cap is small, but its star is on the rise, while a raft of companies have had their shine removed and have come back to the fold. They will struggle in the tough conditions up ahead.
Gold bullion will be much sort after going forward. As will be the companies that produce gold and have a lot of it in the ground. They will do exceedingly well as the financial panic continues, as difficult economic conditions prevail, as paper depreciates because of high inflation and as smart money looks for safe, income producing investments.
Gold companies will perform like the banks of yesteryear and the internet stocks before them. Only this time their business models will be REAL.
Gold is about to become the 'GO TO' investment. Whether it is next month, 6 months, 12 months or longer, who really cares. The main thing is to get set and what better opprotunity will anyone get than right NOW.
The hard part is to pick the right stocks, but IMHO, IGR is a pretty good place to start.
Cheers
Nev
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