Last Chance Sale - make your plan if you think Gold is still in a bull

wrcmad said:
finicky said:
wrcmad said:
That statement is absolute rubbish - it really is.
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How dare you
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What does that mean????
It's only a gamble when you treat it like one and take a punt.
The association with gambling is usually voiced by those who have jumped in blind and been burned.
Used wisely, the stock market is a great source of wealth creation.
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You bore me - you really do, no hyperbole there
 
finicky said:
wrcmad said:
finicky said:
How dare you
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What does that mean????
It's only a gamble when you treat it like one and take a punt.
The association with gambling is usually voiced by those who have jumped in blind and been burned.
Used wisely, the stock market is a great source of wealth creation.
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You bore me - you really do, no hyperbole there
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:lol: I'm sure I do. Arrogance often manifests boredom when in the presence of differing opinion.

BTW, when used excessively, the word 'hyperbole' bores me.
 
NEVER put your hard-earned into pm ETF's or ETP's - EVEN IF THEY SAY 'PHYSICAL' on the tin - Plenty of great stocks out there right now not just in pm's such as (I hold) CHZ, TRY, BSR, AZH etc but also oil - forget natural gas for now - but vertical oilies can't go wrong - and oil services of course... Don't forget the 'picks & shovel' companies that provide mining service/support if you can stomach all the guff about China 'slowing down' (*sniggers*) - Dyor ;) x
 
Nukz said:
I Personally still think there's quite a way to go on the downside for both silver and gold yet unless QE3 is announced. At the moment i would say your money is safer in defensive stocks like TLS. When i look at stocks like BHP which look to be in quite a long downward trend now i don't see much hope for small cap miners other than pump'n'dumps or huge speculative plays.

Of course you can be fully in physical and be worried about paper markets but i don't think thats the right way to go about it you really need to diversify.
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Current pm prices are due to QE1 and 2, and thus QE3 independent.
People forgetting that may make the same error as those that sold silver at $9 in 2008.
 
rbaggio said:
SilverSanchez said:
I want SLR under 3.00
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Your trigger finger must be getting itchy.
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to be honest yeah - i have a very limited amount of capital free - I wanna put it in the most effective place
and its hard to over look silverlake at this price considering my failure with the Phillips River merger (which turned into a Phillips River plunder)

I do have a core possition already - so im ok if it doesnt come down as far as I want
 
heartastack said:
Did some research on EVN looks to have some great prospects!
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I agree, their 'partnership' with Newcrest is a thing to carefully take note of (albeit potentially mixed blessing)
But i am really liking EVNs managment
 
i haven't bought into SLR yet so I'm getting even itchier. i really don't want to miss the next run up like i did last time. its just a matter of when to jump in
 
metalzzz said:
i haven't bought into SLR yet so I'm getting even itchier. i really don't want to miss the next run up like i did last time. its just a matter of when to jump in
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Better to have some than none

maybe buy some now (3 bucks and change is a good price for a first entry) and save some in reserve in case it goes down more.

Downside risk is lower than upside potential - but the stock has no risk/potential for you if you don't own any

My buy price was 3.50 abouts - i want it to be about 3.2 so need to buy under $3 (although i can be choosy because I own some already)
 
i think your right. it might be a good time to start averaging in. i expect gold spot to keep dropping further so am i wrong thinking that gold stocks should follow?
 
metalzzz said:
i think your right. it might be a good time to start averaging in. i expect gold spot to keep dropping further so am i wrong thinking that gold stocks should follow?
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There is a divergence and sentiment is really low for the stocks, so i don't know, its not as easy to predict what things will do at the moment
Are all the sellers done? Or are there some more people to be shaken out of the stocks? I don't know
 
I stay away from Africa - so I used Greenland Minerals (GGG) for part of my uranium exposure (kill 2 birds with one stone). I dont want paladin unless it gets under 1.50, there are some interesting explorers - but that's risky
 
SilverSanchez said:
metalzzz said:
i think your right. it might be a good time to start averaging in. i expect gold spot to keep dropping further so am i wrong thinking that gold stocks should follow?
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There is a divergence and sentiment is really low for the stocks, so i don't know, its not as easy to predict what things will do at the moment
Are all the sellers done? Or are there some more people to be shaken out of the stocks? I don't know
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I'm waiting for another event like Spain to go balls up or something else that will trigger another decline.. should see stocks drop alot then recover.
Hopefully with each event/decline, more people will slowly lean towards PMs and associated stocks.
I like Evolution and Kingsgate like yourself Sanchez.. will snap some of them up when the times comes, but not alot.. only about $5000- 10000 worth. I've almost hit my gold/silver bullion amount goal so wanting to have some stock exposure for the leverage.
 
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