Prom Resources, Inc. (PRMO.PK) Riding the Gold Elevator
Gold prices like to move in the opposite direction of the ecomony, which is not what most people would think as gold is the standard backing the monetary system. Durning the recent housing and credit market crunch, the economy has been on a rollercoaster ride while we have watched the markets move up and down in a generally positive position, but the economic numbers have forced the Federal Reserve to cut interest rates. Analysts have proposed that the value of gold could reach over $800 dollars in the near future. This prediction by analysts has caused Prom Resources Inc. (Pink…