Junior gold miners on CNBC
posted on
Mar 04, 2010 02:14PM
Creating value through Exploration and Development in the Sierra Madre of Mexico
I can't believe I'm seeing this on CNBC: bullish comments not only about gold, but on junior gold miners. As a contrarian this is somewhat disconcerting... except that it is all part of the plan. It's a signal that the bull market is starting to move into the next stage. This is one step closer to the eventual end-game: the flood of money that will come into this tiny sector one day. It seems that such a day may be closer than perhaps otherwise expected.
At some point in the next few years we will see not only these 5-minute segments devoted to gold miners on CNBC, but entire hour-long broadcasts on the major networks entirely devoted to investing in gold. Then it'll be time to consider selling.