Thinking about precious and nonferrous metals as AU busted through 500 and CU at a all time high, I look at my watch list on Yahoo, a mix of junior and seniors, a mix of red and green today..
finance.yahoo.com
I don't know.. Usually the stocks lead the metal so I am a little concerned at this time since the juniors and seniors have not done a damn thing in a couple of years.. Maybe they are telling us something, the stocks I mean, some kind of a top for the PMs... As I said before, I don't see much inflation out there. Unless the sh!t hits the fan in all ways.. But who can predict that.. Actually I like Cu and Mo better, if things stay half way stable..
Also, I don't see a big rush into exploration properties like before... Maybe that's a good thing though.. I remember the days when one could turn "moose pasture" into gold.. <g>.. And that WAS the top.. Maybe I should go stake some "moose pasture" to await the top.. :)..
No, not really, If I pick up a property, it has the potential for what I picked it up for, au,ag, cu, mo, etc..
But who knows.. Not me, I am just trying to figure this madness out.. |
