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.
Politics : Dutch Central Bank Sale Announcement Imminent?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Crimson Ghost who wrote (1616)10/16/1998 7:45:00 PM
From: Bill Murphy  Read Replies (3) of 81086
 
George,
It is very hard to know the very short term as you know. But so far what I have been alluding to the past month is all coming into play in the gold sector. And the bad guys are still trying very hard to hold it down.
But you are right that it is just a matter of time and I think that time is pretty near. The beauty about the good juniors is that they have fallen off the map from a price standpoint. There are few real real bulls out there. A $10 move does not help a lot of these folks, but a $40 move or a much bigger one, will.
Therefore if I am right, they will explode when gold goes as people realize they will not go bankrupt. They should double and triple quickly before financing needs adds a lot of supply to slow down advances.
What I think anyway.
Bill
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext