PZG Paramount Gold and Silver Corp

Gold stocks are coming off a strong week after the US dollar fell on news that 6 central banks, including the Federal Reserve, would lend more dollars at cheaper prices. One of the most well-known relationships in currency markets is the inverse relationship between the US dollar and the value of gold. This relation occurs because gold is typically used as a hedge against inflation through its intrinsic metal value. The Bedford Report examines investing opportunities in the Gold Industry and provides equity research on US Gold Corporation (NYSE: UXG) (TSX: UXG) and Paramount Gold & Silver Corporation (NYSE Amex: PZG) (TSX: PZG). Access to the full company reports can be found at:

www.bedfordreport.com/UXG

www.bedfordreport.com/PZG

Last week Reuters reported that Zhang Bingnan, vice chairman of the China Gold Association, said the unsustainable debt burdens of both Europe and the United States would encourage them to print more money, making gold more attractive. "Whether or not Europe and the United States find a way out of their debt mess, there is one thing for certain -- investors would now be more convinced than ever that they need to have a larger portfolio in gold," Zhang said.

Gold has climbed more than 20 percent year-to-date as investors and central banks bought the metal as an alternative to stocks, bonds and currencies.

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Even gold mining stocks are showing signs of strength in recent weeks. Gold mining stocks have performed relatively poorly this year in relation to the price of gold. Bloomberg reports that valuations on gold mining stocks have fallen to their cheapest level in nine years even though sector profits are projected to nearly double this year and gold remains within striking distance of its record highs.

Paramount Gold and Silver Corporation is a US-based exploration and development company with multi-million ounce advanced stage precious metals projects in Nevada (Sleeper) and northern Mexico (San Miguel). Last week the company reported more high-grade gold and silver results from 10 holes recently completed at its 100%-owned San Miguel Project.

US Gold Corporation explores for gold and silver in the Americas and is advancing its El Gallo Project in Mexico and its Gold Bar Project in Nevada towards production. Shares of the company exploded last week after the company said it completed a preliminary feasibility study (PFS) on its Gold Bar mining project. The study indicates that the mine could potentially produce 51,000 ounces of gold annually over an eight-year period at cash costs of $665 an ounce.

The Bedford Report provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:

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