terrified that gold stocks are going to crash ?

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wpgmoney

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terrified that gold stocks are going to crash ?

posted on May 04, 2010 03:03PM

Stewart Thomson
email: s2p3t4@sympatico.ca
May 4, 2010

1. The worst investors I know are, right now, the most terrified that gold stocks are going to crash. The best investors I know are engaged in a huge transfer of assets from booked wins on junior oils, into junior golds.

2. What is the actual reasoning behind a gold stocks meltdown? The clear answer is: None. Many analysts are honed in now on the short term charts, trying to figure out “the next move”. That’s a major error, one that this time may go down in history as one of the great market blunders of all time. The gold market is at least flirting with going parabolic.