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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (22943)10/17/2010 8:38:50 PM
From: Mike M21 Recommendation  Read Replies (2) | Respond to of 48092
 
I figure that eventually gold stocks will be in favor as the price of gold continues to rise in response to currency devaluations on a global scale. We have a whole generation of money managers who were taught to disrespect gold- this will change. I agree with Richard Russell that the gold bull will not end until it reaches the mania stage. There's no fever like gold fever. To paraphrase Jesse Livermore the big money is made by being right and sitting tight . Livermore noted that very few traders were able to do that.



To: Cogito Ergo Sum who wrote (22943)10/18/2010 10:39:23 PM
From: Eva  Read Replies (3) | Respond to of 48092
 
A higher POG will give those senior miners huge income, with that they will start paying nice dividends, than the mayor investment houses are piling in, that will get the shares going and this bull really into high gear!

A higher price of gold will give those equities wings!!!

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....and the seniors are going shopping for Juniors, ain't live great :)