NCM newcrest mining limited

**gold will continue to collapse**, page-36

  1. 13,177 Posts.
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    re: **gold to collapse - silver, uranium to shine* In any case the question that an individual needs to ask is do your structure you portfolio according to your hope that gold will go to $US480/oz or to the inevitability that oil will once again eclipse $US55/barrel, silver will bust $10 and uranium will head towards $US30/lb spot price. If you are a chartist you probably won't even know what those symbols even do. But I prefer fundamentals at this point in time. Because the irony is that investing according to fundamentals yields the possibility of triple digit growth. Everyone should learn who Eric Sprott is and see how his uranium dominated portfolio has been performing. The guy is a money making machine with a keen eye for opportunity. At the end of the day I don't really know if gold will collapse, but the odds of it heading south are higher than it heading north. The traditional investor mindset changed in the aftermath of $US55/barrel highs in November last year. That is why uranium did not pull when oil did and then began to make its own track forward. There are strong signs silver is doing the same now independent of gold. This is a great forum for expression!
 
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