Gold Mining Shares

Number of posts : 1 Registration date : 2008-02-25

I sold off all of my gold mining shares this week. As the gold price went down, and down, and down. pale

Lost my butt on some of them, but from the looks of things may have saved more than that.

whittake

Number of posts : 179 Registration date : 2007-09-23

Whittake:

Are you getting out completely, or are you in silver
and other metals??

Cheers

Number of posts : 152 Registration date : 2007-10-23

I wish you well, Whitake. It's so awful now, that there is no precentage in it for the juniors to go down any further. If one was looking for a contrarian play he would especially find it now. This is mucho dao contarian. As for the input side I see gold and silver being able to fatten the gross margins. I have a small position in a gold etf that is green. I have thought of buying the Deutche Bank's double long gold etf on the next price dip in August. Best of of luck.

Subject: Re: Gold Mining Shares Tue Jul 14, 2009 3:23 pm

http://network.nationalpost.com/np/blogs/tradingdesk/archive/2009/07/14/gold-stocks-ready-for-big-advance.aspx

"Of course, slow periods like this are when investors get lethargic and take a "wait and see" approach. The analysts wrote that this is the wrong strategy, as weak and boring periods are often the best time to accumulate the stocks."

Number of posts : 1077 Registration date : 2008-06-30

Big, smart money accumulates quietly during weak and boring periods.

Number of posts : 902 Registration date : 2007-05-24

I'm more than half cash in my "mining stock" account waiting for a smack-down in August.

Maybe I'm wrong. but I can sleep at night regardless of what happens

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