FML 3.70% 14.0¢ focus minerals ltd

gold phases

  1. 486 Posts.
    Hi All, I'm baaaackk!

    This last week has certainly woken a lot of people to
    the advantages of gold....

    ===
    To me, this is just the start of the next stage of the bull market in gold?

    Individual investors have not caught gold fever yet. They're not loading up on speculative ways to play gold yet.

    They haven't bought gold mining stocks yet. And they haven't bought "blue chip" rare gold coins yet. So I believe the gold bull market has not hit its mania stage? yet.

    I am certain that, at the peak of a gold bull market, the prices of investments like these will go nuts ? like dot-com stocks in early 2000.

    When the price of gold is peaks, a few things will happen:

    * Gold mining stocks will soar beyond reason.

    * Rare gold coins will go up hundreds of percent in value.

    * The general public will be talking about gold at cocktail parties. You'll hear things like, "You can't lose money buying gold"? just as you did about housing at the height of the real estate bubble.

    Right now, none of these is true? But I think the changes are about to happen.
    ===
    Say 12 months from now I hope ; )

    IE
    PS Last week was the buying opp I wrote about earlier, FML at 5.8c was one. Apple down 10% was another ...
 
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