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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (2349)	1/3/2005 10:07:12 PM
From: rubbersoul	Read Replies (1) \| Respond to of 18308

As far as the junior golds go, it is hard to predict. They haven't exactly mirrored the movements in gold to the upside so I don't expect them to react much to the downside. I strongly believe that apart from tax loss sellers (recently), junior gold shares are in TIGHT hands. Also, many of these tax loss sellers will want to buy back their shares as well and this may be their opportunity. I also feel that we need new buyers, speculators, to take the junior sector higher before we can expect knee-jerk reactions or major sell offs. We will probably take a step back but it will be on low volume in my opinion. John