Yeah but cant a savy investor jump on the metal and majors train then after a nice ride get off have a cup of tea and catch the mid tier express , after which after inspecting the timetable catch the junior Von Ryan Express.
Wont this kind of strategy allow you to arrive , book into a hotel, order a meal and a nice glass of red and be ready to meet the folks off the Red eye Spec express folks getting off the train all bleary eyed alighting from their box cars at the station in the morning.
Last time I looked you could do all that in a day. Whats with the Junior Spec Cult? Some of you junior spec cultists think you can only do one or the other . I hold Junior specs but geeze dont we have to be a little careful, diesels going through the roof, diesels the hear and lungs of a mining operation and we have a whole lot of Juniors in the break down lane waiting for rigs and assays to arrive before they can keep traveling.
I love some of the Juniors and Mid tiers because I cant really believe they can go any lower, but having said that if they aint got their rigs secured and their assays in the pipeline now then the might end up waving to us all from the shore while the gold ship sails away to paradise.
How many good junior explorers are there anyway? Ive been looking at them so hard Ive developed a bad case of of obsessive compulsive disorder. There is allot of gold buried in them hills but there is also allot of risk buried ticking away ready to blow junior religious zealots up.
I have rung the guy at Hillsong and hes ready to lend you folk a church so you can all hold hands and sing your favorite Sinclair gospel song. Instead of popping your eyes wide ready to declare anyone who questions the Junior dogma an UNBELIEVER and cast them into the pit of fire you might just listen and consider.
The Wall Street money changer tables are getting turned over
and so its going to be damn hard to raise capital in the next 12-18 months. Some of the Juniors are subprime and so a protracted credit crunch could have the needy ones, together with rising AUD and Diesel held to the wall and bitch slapped to your bawling like a baby cutting new teeth.
When the race starts if you want to run to the back of the grid and hop into the a racing car that hasnt even got an engine figuring your going to pass the slower cars by lap 10, well then thats up to you, but Im doing the Annie Oakley and gunna try the change of horse mid race. Golds up against concrete ceiling, if and when it breaks and holds significantly above 940 then I will run down the station and get on board the caboose. toot toot :)
Remember golds not going up its the dollar thats declining, just like your house prices weren't going up there were just more dollars around to buy them. USD vs Gold is a roller coaster ride its not a moon shot and some of the specs have been on a fair is wheel, except the operators gone home to bed. Did any of us see what happened when there was mini crash a couple of weeks ago?
Within the greater gold bull arent we supposed to be spotting the snakes from the ladders?
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