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Message: With the markets acting this way...

Joe_strummer
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Re: With the markets acting this way...

posted on Feb 04, 08 05:17PM

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frustrating times indeed, but look at the junior market environment, there really isnt any serious price appreciation going on in the sector. Period Even hough the price of gold and silver have gone waaay up 

- do the math - something has to give; either the price of the underlying commodity is going to drag up the equities, or the equities are not going to react to golds price appreciation becasue the price of gold is unsustainable at this level.

Scary thought that my portfolio could face more downside potential, but it could happen.

Now if the price does hold, ask yourself how long you are willing to wait for the market to catch up before you sell too early?

The irony is that we are at levels where many investors really believed the prices of the shares would be exponential to where they currently reside.

Still painful to be a precious metals investor, even when goals are achieved.

 

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