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Message: Overlooked Catalyst

Overlooked Catalyst

posted on Oct 06, 2008 11:12AM

Hi All,

I am trying to calm myself down by looking at the bigger picture.

According to several analysts, the DOW could be going down to 8000 or below before there is a sustainable bottom and/or move back up.

Once this happens, we are all hoping money that does trickle back into the markets will head to our sector.

However, perhaps we have forgotten another catalyst: if the price of gold remains where it is or heads higher, gold mining companies should be reporting some pretty good profits. Could this not also be another important "hint" attracting people to our sector.

I can't explain, but, I just have a feeling that these PM prices will not remain sitting at a bottom for months...

stone

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