Yep, 2009 - 2011 is still my target timezone from way back for the big "C" riser for precious metals ahead of other resources in main. 2008 is the get-set in coming firesale bargains in prep for it ... pms, uranium, resources.
Markets in process of completing C-1 (first of third primary asset-deflation downer in the megabear) prob down to DJIA 11300, then an intermediate rally wave, then the "big'un" maybe a few months away (???)
I play according to GORM and sometimes stumble into winners by accident inside the macro envelope. At 65% cash at call atm with core holdings in the King and the Queen dominating based Ark, portfolio insurance and shark alert reasoning.
Later in 2008 will present the buying opportunities of a lifetime but we have to be ready for them ..... unlike the margin traders who have just been wiped out taking away the main tech driving force of the markets. History repeats and repeats.
All IMBOOC.
PGM Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
