Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG Message Board

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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: Zincman who wrote (43166)	4/26/2013 9:30:43 AM
From: Rarebird	8 Recommendations Read Replies (2) of 48092

Let's not get too carried away on the other extreme. I still see plenty of empty stores for rent on Main Street at least in NYC and the suburbs. It sure helps when central banks are buying futures to prop up the stock market. That's a very dangerous game for the retail player to follow suit. I am on record stating that a decisive break above 1600 on the S&P will create a buy signal and place the market in mega bubble territory. By all historical measures, the stock market is currently grossly overvalued. I'll stick with value (junior gold miners and explorers) and hold on for what I know are better days ahead and much greater upside potential than the bubilicious S&P.

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