Battle Hardened Goldbug, ( AKA, Silver bug )
Now they can feel what it's like, it's not fun.
Not bitter grapes either, win some , lose some.
I have been wrong on Metals, and not afraid to admit it,
But still am going down with the ship.
Captin US Goldbug, ship of fools gold
thestreet.com
But I am not a blind man. This is one vicious,
horrible, miserable, whopping bear market in dot-coms.
It is relentless and angry and confused. It is
neverending.
I wish I could be more encouraging. But the group's
once-in-a-lifetime up move has been transmogrified into
a once-in-a-lifetime down move. I thought that cash
would stop the decline, but these stocks trade through
cash like a knife through butter. I thought that
consolidation might save these stocks. But nobody
wants to consolidate with anybody as everyone clings to
dreams now long since past.
XXXXXXXXXXXXXXXXXX
But there is always HOPE for Metal .
goldminingoutlook.com
My current outlook has improved to VERY STRONGLY BULLISH for gold, gold coins, and gold
collectibles, and EXTREMELY BULLISH for gold mining shares. Chart patterns confirm fundamental
undervaluations, with many gold mining shares hitting new annual lows for the week (perhaps partly relating to
quarter-end portfolio window dressing) and then ending with modest recoveries. The XAU is also finally
outperforming the gold price, while investors and analysts are returning close to their bearish extremes
Hope CDE can get over 2 again ....... |
