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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: bart13 who wrote (92898)	3/29/2008 4:08:20 AM
From: stan_hughes	Read Replies (2) \| Respond to of 110194

Where gold juniors are concerned, it seems to me that while the market is excited about the rising price of gold, it's more afraid about the continually rising cost of energy and the possible inability to secure ongoing financing -- between that and the fact that big money can really only traffic in the majors due to market liquidity constraints, generally only the majors benefitted from the last run up in POG At some point on the POG curve one can expect the juniors to finally ignite, but OTOH if oil goes to $150 first and crashes the whole market, you may be able to buy them a lot cheaper A classic "hold what you already have but don't buy any more yet" scenario