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


To: tyc:> who wrote (14406)6/18/2005 6:52:40 AM
From: Bearcatbob  Read Replies (2) | Respond to of 18308
 
tyke,

Markets are cyclical. I think it is time for a solid up market in gold. I got hooked on resource stocks on the basis that they can be revalued over night on the results of a single drill hole. My dogged belief in resources either cost me or saved me from the internet bubble. I missed it up - so missed it down.

I have a huge belief in markets - and now the markets are our friends. There have been years of underinvestment in resources - and now the piper is being paid.

Enjoy it. Remember, it is prosperity that is driving these markets. Prosperity spreading around the world to China, India, Brazil etc. It is nice to profit from prosperity. A world wide wave of youth entering their consuming years speaks well for the next few years.

One sector I think deserves some attention is that of the Engineering and Construction companies - eg Fluor and CBI. I need to look at those. They will build the infrastructure we need. As the wave rolls through the markets - these companies must prosper.