Precious and Base Metal Investing Message Board

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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Little Joe who wrote (23564)	11/4/2003 10:10:43 PM
From: SwampDogg	Read Replies (1) of 39344

Yes, this is a market in which speculators are willing to take more and more risk. To me there is not much difference between a micro gold without a property of merit and a tech stock that has no earnings. When the general equity market turns lower and investors seek safety the lower quality PMs may get hit just as hard as anything else. There is a chance that golds do well in a market meltdown but if they start lower it will get ugly in a hurry. I have some core quality juniors for the long term but some of the micro PMs are way overdone.

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