It's time to buy Zijin Mining #2899

Hi all,

According to the past 39 years data of Gold Market, Nov-Jan would be the strongest bullish rally for gold.

Gold market is volatile in price movements, therefore, technical analysis could adopt to estimate some good positions for mid-term trading.

Long story short, the breakout of gold at 595 USD last week indicated that the finish of 6-months-correction since May. The 3 months target is about 770 USD (new high).

However, to buy gold in margin trading demands heavy mental strength. I suggest to buy a HK listed mining stock 2899 as an alternative.

Zijin mining's main businesses are gold mining, casting, production & marketing, the products are accredited by ISO9001:2000. The company has well brand name internationally, plz refer to http://www.goldsheetlinks.com, you may see the ranking of mining stocks in the world.

Of course, the business of 2899 keeps expanding, due to the pricing up of gold, their profits was doubled in the last financial year. If you believe the gold price would rise, to buy 2899 is a good choice to support yourself!