thanks Ngoledge, I found an interesting article on the "financialsense" website....
An extract....
..........."This time the fear is real and the possibility of a meltdown is possibility is real. It is getting scary and you must make some tough decisions. Do I go down with the ship (financial markets) or get into gold, silver or related assets? Your financial survive may be at risk and as we like to say, ‘no time to hide, your needed on deck’.
Each investor must decide for themselves in which markets or sectors to invest and then make some informed decisions as to which specific stocks, ETF, etc., to purchase.
Probably most readers on this website are already on board the train for the bull market in gold. Where else can you be in these treacherous times? But I realize that many investors, including myself, having purchased the junior mining shares have questioned our strategy over the last 2 years or so. It is not been pleasant and frankly, with the incredible drawn downs on many of this stocks, I am sure many investors have run to the exits only to return in the coming weeks and months at much higher prices. For those of us who have been around for awhile, we realize that things change and they can change very fast in junior mining sector.
There are so many reasons for the juniors to be down; from the high energy costs to the shares falling with the general markets, but we continue to believe the future rewards will be outrageous. We see the next great opportunity from September into perhaps the first half of 2009 with the juniors finally having an incredible run. "......
The reference to " outrageous rewards" brings a smile to the face doesn't it!
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