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Strategies & Market Trends : Canadian Junior Resource Roundup

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To: Rarebird who wrote (447)12/17/2016 3:52:04 PM
From: forbrydelsen  Read Replies (2) of 4478
 
Rarebird, i absolutely agree. I think right now its a complete toss up as to whether this is a pullback in the gold sector or a resumption of a longer term Bear trend. And yes, it appears most investors are assuming the former and discounting the latter. Nobody knows what the future may hold. In 12 months, gold could be $1800 or $800 or anything inbetween. Buying some names one likes on the pullback may be a good idea but also preparing to exit the sector entirely if things really break down is important too, the same of which can be said for any other sector also, of course. It just seems the perma-gold bugs have the loudest voice at times and the longest memories :)
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