GDA 3.70% 26.0¢ good drinks australia ltd

junior gold stock boom on the way

  1. 3,267 Posts.
    Gold is the subject of increasing discussion in the print media. This extract below is from the "Daily Reckoning ",24 jan 08 article by Dan Denning...........
    Gondwana is announcing the results of thousands of assays next wek or the wek after dependig on timing of lab work loads. Gondwana fits all the criteria mentioned in the article below.....

    ....."And at the speculative end of the gold sector you'll find the juniors. We just took the position in our small cap letter that junior gold stocks could be the best performers on the local market in 2008. This is based on our forecast of skyrocketing inflation this year, and not just in Australia. Gold is the anti-US dollar, and if the Fed is determined to sink the dollar, you'd think gold may make one more large move up this year.

    --If it does, we reckon junior gold stocks will begin to look a lot like Internet stocks in 1999. There won't be any reason, proper valuation, or calm analysis. In bubble booms, people take leave of their senses and buy things simply because they are going up. That is all. You saw it last year when anything that had uranium in its name went up. Gold could be the uranium of 2008, and then some. ".....

    cheers Fatstocks.
 
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