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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: TH who wrote (158203)10/17/2008 8:48:38 PM
From: bull_dozerRespond to of 306849
 
> With all those hedgies blown up, I just wonder who is going to buy the miners next round.

Here is my hopeful scenario:

1. POG rises and stays strong because of demand across the globe as there is no safe place to hide, irrespective of strength/weakness of any currency.
2. Oil prices keep falling down or stabilize at lower levels.
3. Major producers start making decent profits because of 1 and 2, without major screw ups on their management part.
4. They start paying good dividends / start to buy back their own stock.
5. Value investors / mutual funds get in as there will be very few other sectors making profits.
6. Miners' stock prices rise. There is consolidation in the industry. Majors start looking for miners with good proven reserves. There are bidding wars for juniors. Speculators get in the junior sector creating a bubble in them.
7. World leaders get to their senses and create a new financial system partially backed by gold. Central banks start to buy gold. Gold goes thru' the roof.

And we all live happily ever after. <G>