Slider, you can't pick the eyes out of these historical trends and present them up as brilliant trades man.
Goldbugs have been right for nearly a decade...give em some credit
Its about playing the precious metal megatrend from all angles...bullion, senior miners, property-rich juniors, producing juniors, grassroot juniors, the plantinum/palladium complex, silver specialists, country risk, drillers, suppliers (one of my best long term trades has been northern stores in Alaska, northern Canada supplying diapers to snowmobiles to arctic natives and workers)...etc etc. Got some brilliant trades from the newsletters, but had to parse them out of a lot of noise.
Find the best or most undervalued plays in each sector....find more sectors....mine the rich seams while they are running and research the dead seams for signs of life. Money likes to get bored and move around. Sectors live large then fall asleep.
Example
Diamonds...no interest in the sector right now...diamonds as good a long term hedge against inflation as anything...There is value here. Some great exploration teams adding value to their companies in deafing silence.
One thing for sure...the easy trades are over...we are in the middle innings, the starters are getting tired and the relievers are warming up. For some people this feels like the end of the game...and once in a while there is a rainout. But odds are we will get to the ninth inning and the time will come to get ready to leave the park. Make sure you spent your money on the collectible cards and not the popcorn
wc |
