SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Ride the Tiger with CD

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: rubbersoul who wrote (84916)6/12/2007 10:50:31 AM
From: dara  Read Replies (3) of 312769
 
I was listening to Puplava's program this weekend and he is concerned about the topping action in the general markets. He thinks that there will be a further rally but is increasing his cash positions including in the gold sector as all asset classes have been moving together since 2003. He thinks there will be buying opportunities and mentioned perhaps gold is sensing a wiff of deflation. The gold stocks that he recommends selling are the majors. He divides the market cap by the number of ounces of gold in the ground the company has to come up with the price per ounce of gold that the company is selling for. If the number is above the current spot price, it's too high. From the sounds of it he still likes holding juniors.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext