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Strategies & Market Trends : Ride the Tiger with CD

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To: caliche who wrote (236317)	9/21/2014 6:12:05 PM
From: Veteran98	13 Recommendations Read Replies (5) of 313183

Kaiser puts his pants on same as we do..... unfortunately he is more often than not...quite right as well.... Personally I rate John as the best out there and I don't think anyone has their finger on the pulse of the junior resource market better than what he has... I'm not sure of his state of mind but it it's obviously pretty gloomy... I'm sure any newsletter writer in the junior resource sector despite what happy glowing front they put on they have to be just about as depressed as all the junior resource stock bag holders out there... Unlike 2008 where we had an extreme capitulation and then straight up for several years this is unlikely to be the case right now.... POG, POS and the junior resource market are just getting grinded lower and lower and just when you think sentiment is at it's maximum point of despair it gets even worse.... This is unlikely to end until every last little vestige of any speculative fervor has been completely wrung out of this market and once it has it is extremely unlikely that it will recover quickly.... It will take years for the pendulum to swing the other way... Investors in this sector of the market have been completely and utterly destroyed and demoralized and it is extremely unlikely that money is going to return to this sector anytime soon.... It is going to take an inordinately long time before anyone puts money into this sector again and the money sure isn't going to come from the guys who have gotten kicked in the fucking sack repeatedly the last several years.... There has been no excitement and no new discoveries to speak of... and most companies have no money at all to explore and those that do aren't spending it on exploration for fear of jeapardizing their outrageous salaries and more than likely will piss it all away without even putting a hole in the ground... And in the unlikely case where some excitement gets generated the HFT's are quick to step in with their endless 100 share sells until eternity... The Venture exchange is a broken system overrun with greed, corruption and self serving avarice and unless changes are made it's unlikely it will survive... you can kick me in the sack once twice thrice maybe more times but no one likes getting kicked in the sack repeatedly...at some point you just say fuck it I've had enough... maybe the CNQ is the answer who knows.. My point is it will be a long time before money starts flowing back into this sector... Maybe we get a miracle black swan event and POG goes to Sinclair's targets ( Sinclair WTF is he ????) but I doubt that's going to happen. Anyhow I can ramble on and on .... closest we had recently was the Bre-x fiasco... it took almost four years for the Venture Exchange to even recover back to half it's previous lofty levels and even then it was only a quick spike and then right back down.... and then another four or five years until the Venture started cranking higher..... My point is that when this type of psychological damage gets done it's going take years for it recover and the speculative flows to return....and it will probably be from new money not from you and me and the all the others that got kicked in the nuts over the last few years... I'm pretty sure most of the majors are just salivating at the depressed juniors out there with all their ounces in the ground.... you me Tom, Dick and Harry will never see a dime of that ... end game will see to that and the majors will probably scoop them up for even cheaper than what they are now..... I wish I could be more positive but it is what it is....

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