"Your best bet for high returns will be to invest in junior resource companies. After all, they find the deposits, so they own the world's future mines, yeah that's right, junior resource companies own the gold the gold miners need to replace their reserves."
I recall a story that Microsoft had small monitors throughout their campus showing a current quote on MSFT stock and the SP500. After the dotcom bust in 2000, they all got shut off.
"Your best bet for high returns will be to invest in junior resource companies. After all, they find the deposits, so they own the world's future mines, yeah that's right, junior resource companies own the gold the gold miners need to replace their reserves."
"Your best bet for high returns will be to invest in junior resource companies. After all, they find the deposits, so they own the world's future mines, yeah that's right, junior resource companies own the gold the gold miners need to replace their reserves."
Sorry if you didn't know when to sell PMs last time around. Don't fret, you'll get another chance, but only if you take it. GDXJ is a great play for those not still mourning their PM losses. Remember, it's a market - ups and downs that have to be played correctly.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
just another member who wants to discuss PMs without all the sarcasm and insults to other people who also want to discuss PMs. Sorry that PMs have not treated you better, but maybe it wasn't their fault. lol.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
lol, thats one of my points, u know nothing of how pms treated me... pitchin gdxj imo is a losers game, broken companies, failed plans, pretty much bogus everything... buying stocks based on possible takeovers is a losing investment strategy... these gdxj companies will go belly up, dilute huge or be bought for scrap...
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
<< <i>We are going much much higher from these paltry levels! >>
Really? Not tonight or anytime soon. On the other hand, I hope I'm wrong. >>
Not exactly stretching out there after gold rises +$35 today. Gold has a potentially 3 week bullish pattern in play that can take it right back to $1280-$1300. That pattern is much more vibrant in silver which projects up to $19.00 or a back test of the 1 year triangle consolidation break down area. The flip side is that both of these also have 5-6 week expanded wedges that could send them right back to new lows. So a 50-50 coin flip of sorts. The fact that silver (and gold) busted well above their 5 month down trend lines today would suggest the upside projection. For "some reason" I like $1304 gold as a draw. Gold to silver ratio took a hard punch this week and now borders on break down after a 4-1/2 month rally.
The last 5 Decembers have been unkind to PMs. How will #6 do?
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
We will see 800$ gold in 2015 and 13.00 Silver as the corrections to those major runups finally complete. WE are going to see Strong Dollar weak commodities for most of the year. Most likely see our first rate hike in the late 3rd early 4th quarter. I would be buying gold via the JPY right now and most of next year as I believe that JPY weakness will outpace commodity weakness.
Comments
"Your best bet for high returns will be to invest in junior resource companies. After all, they find the deposits, so they own the world's future mines, yeah that's right, junior resource companies own the gold the gold miners need to replace their reserves."
This makes the ETF GDXJ look promising.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
<< <i>The gold supply picture
"Your best bet for high returns will be to invest in junior resource companies. After all, they find the deposits, so they own the world's future mines, yeah that's right, junior resource companies own the gold the gold miners need to replace their reserves."
This makes the ETF GDXJ look promising. >>
Yes promises... Broken and false... Lol...
<< <i>
<< <i>The gold supply picture
"Your best bet for high returns will be to invest in junior resource companies. After all, they find the deposits, so they own the world's future mines, yeah that's right, junior resource companies own the gold the gold miners need to replace their reserves."
This makes the ETF GDXJ look promising. >>
Yes promises... Broken and false... Lol... >>
Sorry if you didn't know when to sell PMs last time around. Don't fret, you'll get another chance, but only if you take it.
GDXJ is a great play for those not still mourning their PM losses. Remember, it's a market - ups and downs that have to be played correctly.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
pitchin gdxj imo is a losers game, broken companies, failed plans, pretty much bogus everything...
buying stocks based on possible takeovers is a losing investment strategy...
these gdxj companies will go belly up, dilute huge or be bought for scrap...
GDXJ is a good way to play junior gold miners if one wishes to do so.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
<< <i>
<< <i>
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Here we go again!!!!!!!!!!!!!!!!!
Wheeeeee!
And again!!!! >>
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<< <i>
<< <i>
<< <i>
Here we go again!!!!!!!!!!!!!!!!!
Wheeeeee!
And again!!!! >>
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Sorry, wrong cheat thread.
+1 for me too.
Knowledge is the enemy of fear
Oops!
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
<< <i>
<< <i>
<< <i>
<< <i>
<< <i>
<< <i>
Here we go again!!!!!!!!!!!!!!!!!
Wheeeeee!
And again!!!! >>
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>>
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Whew,
bob
<< <i>
<< <i>
<< <i>
<< <i>
<< <i>
<< <i>
Here we go again!!!!!!!!!!!!!!!!!
Wheeeeee!
And again!!!! >>
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<< <i>UNSPLUNGE! >>
Gotta remember that word!
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
<< <i>We are going much much higher from these paltry levels! >>
Really? Not tonight or anytime soon. On the other hand, I hope I'm wrong.
<< <i>
<< <i>We are going much much higher from these paltry levels! >>
Really? Not tonight or anytime soon. On the other hand, I hope I'm wrong. >>
Not exactly stretching out there after gold rises +$35 today. Gold has a potentially 3 week bullish pattern in play that can take it right back to $1280-$1300. That pattern is much more vibrant in silver which projects up to $19.00 or a back test of the 1 year triangle consolidation break down area. The flip side is that both of these also have 5-6 week expanded wedges that could send them right back to new lows. So a 50-50 coin flip of sorts. The fact that silver (and gold) busted well above their 5 month down trend lines today would suggest the upside projection. For "some reason" I like $1304 gold as a draw. Gold to silver ratio took a hard punch this week and now borders on break down after a 4-1/2 month rally.
The last 5 Decembers have been unkind to PMs. How will #6 do?
<< <i>
<< <i>
<< <i>
<< <i>
<< <i>
<< <i>
Here we go again!!!!!!!!!!!!!!!!!
Wheeeeee!
And again!!!! >>
>>
>>
>>
>>
>>
WE are going to see Strong Dollar weak commodities for most of the year. Most likely see our first rate hike in the late 3rd early 4th quarter. I would be buying gold via the JPY right now and most of next year as I believe that JPY weakness will outpace commodity weakness.