Click download link to listen on this device: Download Show
So how much lower do you guys feel we have to go. I was hoping the the $1580 gold support held today, but I guess not. Juniors have been totally taken to the woodshed, how much more can the take?
Been through this before, Bobby!
Al, Sorry, I must have missed it, been driving to NJ fo Mother’s Day, tought to keep up with all the soundbites.
I CANNOT UNDERSTAND IT, GOLD AND SILVER DOWN EQUITIES UP
I REALIZED THE PROBLEM IS NOT TO GO ALL IN. ALWAYS BUY THE RIGHT STOCK THAT MAKES YOU HAPPY TO SEE IT GO DOWN.
NEVER BUY AT THE TOP
BE ABLE TO BUY DOWN UP TO 50% DEPRECIATION.
BUY AT EVERY 5-10% DEPRICIATION
JUST MY TWO CENTS
LORD BLESS JOE
Pretty good philosophy, Joe.
My problem Al is I am a beginner and has costed me several thousand dollars to learn this. and I still have a lot to learn hopefully it will not cost me much more.
Another big issue is not become a weak hand.
Thank you Joe
Please do not more than you are truly comfortable with doing.
Yes, it does not make sense to me either, I have been fully invested from 2000-2008 so i dont look for buying opps. Tough to see my Junior portfolio down 50% in 3 months however, Many don’t realize that to re-coup, one must then double up! trod carefully.
I recomend to stay clear of explores, stick with producer or very very soon to be.
The reason is because people believe that by the time they produce there will be a big correction. It makes no sense to buy something that will produce after the correction added to that in normal times during the cycle of a mine the stock goes down after the discoveries. I do not know if I would sell what you have but do not buy anymore explorers unless the are dirt cheap and have no where else to go but up.
Google: cycle of a mine
Thank you Joe
Joe, once i make by decision to buy, i am in for the long haul, boom or bust, so to speak. I majors are now paying dividents, the “year of the JR” never did come, so either the company will be taken over or go broke. When they do go down, and get taken over at a 35% premium it hurts. I am now hoping for them to recoup prior to takeover or maybe a discovery that will be sought after. Have been up and down many times in the past 12 years, this week has shaken out many of the weak hands and not committed, perhap today was the turnaround day or maybe we should have sold in May and gone away. time will tell.
The only thing that I personally am sure of is that eventually it all comes back. I have seen that happen too many times.
Stay frosty my friend,
I disagree. I think that there are some great potential, notice I said potential, opportunities in the exploration sector.
I am somewhat better off than that.
The reason is that I am very careful and only invest in situations that I truly believe in. I take almost no advice from anyone else.
Al, that’s why many count on you for insight. Not everyone has the resourses that you do to make informed decisions. I personally thank you for that.
Watch this video Peter Grandich posted it will make you cry unless you have no heart and will make you appreciate what you have.
I woulfd like to add the following
The thought that this innocent child in the arms of the Lord forever
is the only thing that brings hope and joy at a time of utmost sadness
What true belief do evolutionist have to offer at a time like this
I believe that vaccines are the cause for babies, toddlers and children getting cancer
Yet Big Pharma (Medical Mafia I call them) fight tooth and nail avoiding the subject and pointing the finger
This is one the biggest conspiracy next to the devil does not exist
Market manipulation is insignificant compared to this
I have two children and would rather go to jail or leave the country before injecting them with carcinogens
Thank you Lord Bless Joe
Joesph, being careful and trusting the Lord is absolutely the only way to live!
I personally try very hard to do just that,
Here are some more interesting thoughts on the PMs.
and could this be a “BLACK SWAN”?
HI TEX …..”THEY” kept that very quiet.
Notify me of follow-up comments by email.
Notify me of new posts by email.