Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Anchan who wrote (45399)	7/6/2013 11:44:55 AM
From: SwampDogg	Read Replies (1) \| Respond to of 48092

At end seems to day that gold can rise from this decline and the exponential rise will begin after 2015. My take would be a rally out of this low to the old highs in the next year or so and then a year or so of consolidation near the highs before the whole thing busts higher. Miners not reacting as negatively to declines with some up yesterday. Either way if the final low is not made until 2015 one could see a 100% move in the $HUI in the next year out of this for a trading rally. Would not count out ABX being bought by a larger metals company here. Assets are great and a BHP or other would have the cap to sort out the debt. Must be on the radar of them or maybe China. The debt would not be an issue at all for them. They could prbably get it for $25-$30, Nobody looking at this potential outcome. Could see KGC go to the Russians and ABX to China and the window to do this at these valuations might be quite small. . ABX has made their own bed and it looks good on them IMO but some of the shorting might be by a potential buyer.