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Could very well be time to begin to move from the sidelines.

Big Al
January 6, 2015

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Discussion
4 Comments
    bb
    Jan 06, 2015 06:59 AM

    Not that I know anything, but I think this is a kodiak rally, then we come down again.
    Gary could be right, down in 2-3 months maybe the low this summer, then on our way back up and the “bull” becomes obvious in 2016-2017.
    I think gold goes up before silver, goldstocks in particular over silver miners.
    Big money will think gold before they think silver, in any case it probly doesn’t matter both will head up.

    Jan 06, 2015 06:31 AM

    Sold the last of my GDXJ calls and bought some insurance puts. I remain long the shares.

    Jan 06, 2015 06:10 PM

    If you can’t be on board now with the mining stocks, when can you? The bell is ringing loudly.

    I know people have been saying this for weeks but if oil keeps going down, the mining costs are going to go down dramatically. This is yet to show in the quarterly reports. Seaonally it is a great time to buy. If this is anything like last year, we are just at the beginning. And if gold keeps going up, watch out…. The gains could be many multiples for some of the spec juniors and maybe even the majors just like in 2009.

      Jan 06, 2015 06:28 PM

      Paul,

      You are probably right. I am just a bit cautious (short term) after the last three years!