Did somebody mention Gold?
I'm playing for a sharp spike up in the gold stocks this year, even if the metal plays slacker.
In my scenario, financial planners and money managers believe that 10% diversified into gold stocks would be prudent on the outside chance of a Y2K driven panic later this year.
Well, that's a LOT of money for gold stocks to swallow, so it becomes a self-fullfilling prophecy. Hot money then starts chasing the trend up, mo-mo players follow suit, before you know it, we have a real spike in gold shares, gold funds double or triple in a few months, and everyone's patting themselves on the back for having the foresight to put money there early. Bingo.
I started my position a month ago, already up 10%. Look at any AU chart, it's turning the corner.
Tx |
