Rogue TraderYou would be correct concerning those gold stocks...

  1. Osi
    16,148 Posts.
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    Rogue Trader

    You would be correct concerning those gold stocks which will are entering (of significantly elevating) production in the next month or so.

    Global markets will IMO find a lower global floor if the net stimulous in the US has indeed finished. The good will have been thuwn out with the bad and the ugly so there may be some good buys revealing themselves in the near future. Some stocks may recover .... some perhaps not.

    Whether my own plays stay at the bottom or not for long will depend mostly on drill bit results. One issue to consider at the moment is the crude oil supply side. Demand for crude can and will go down with any rescession BUT (in tandam) so does venture capital interested in exploration.

    cheers



 
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