"stay out of gold stocks until they turn around"Comment:Easier...

  1. 24,765 Posts.
    "stay out of gold stocks until they turn around"

    Comment:

    Easier said than done.

    1. At what point do you decide that gold stocks have turned around? How much do they have to rise to constitute a turn around?

    2. A key buying point in a turn around is very, very easy to point out retrospectively well after the event, but not so easy to get right at the time.

    3. If you want any quantities in the gold juniors then try getting in then when it's quite obvious that they've clearly turned around. It'll be real fun paying up maybe 50% or 100% or more because of fears right now with gold around US$1000 that they will keep on falling for just about ever.
 
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