SP,
You are starting to sound desperate. You, one of the great believers who understands the fundamnetal value of quality gold juniors at CURRENT gold price. If one of knowledge and insight starts to capitulate is it any doubt the average punter is running for the hills.
The trend is your friend and the trend is ugly. Times of incredible value, incredible uncertainty and incredible stress are upon us. The crisis brings opportunity but also risk.... and the market can stay wrong for onger than one can stay liquid.
Options:
1) stay out completely then TRY to jump back in when the game turns and ride juniors up through the consolidation and takeover cycle nearly upon us. (most people)
2) Keep buying on the way down KNOWING you probably wont pick the turning point which may start with a massive gap-up and try to get the rest on with the trend. (ballsy punters and absolute conviction)
3) Buy all now, knowing that the quality juniors WILL be revalued through takeovers at the least and don't watch the screen. (those who moved too early or long term in nature)
No-one has any money or confidence so odds are that junior shares keep dropping until a takeover happens and then they will all race up. Patience level and tolerance for pain will determine what course people take.
Personally, I have absolute conviction and balls bigger than my brain.
Goodluck all true believers.
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