Re: Physical purchase and my current opinion of SFMI/GHDC/Scorpio.
in response to
by
posted on
Sep 23, 2011 06:55PM
(Edit this Message from the "Fast Facts" Section)
Hi Sphin and all:
Just waiting for some feedback like the rest here. No matter Sphin...whatever gold/silver stock you owned has pretty well been creamed the last few days. It has nothng to do with free markets as you know...Cartel banks and high frequency trading with JPM behind the scenes handing out the coke. As a matter of fact, very few held ground like SFMI..but then again it has had is butt kisked enough.
Gold could be taken down more yet...but if it hits into the 1500s it is still in it's bull channel..I expect huge gains in gold and the stocks very soon. Silver is hard to call because it is the biggest threat to the cartel and JPM and they are sparing no effort. It's all paper and we can expect a $100 up days soon for gold...and Im still looking for $2000 to $2200 by Xmas. Silver is in supply deficit and shorted all to hell. Soooo...it will hit at least $50 to $60 and maybe much more before the next big pullback.
The bigger the slam here...the bigger the upside right behind. So you cannot go wrong right now buying Yamana (YRI) or SLW or PAA or Silvercorp (SVM)...YRI is 70% marginable and we may still have a bt more t go...ut buying a producer like that now (no margin) wll be a winner. SVM is going to blow the lid off because it has taken off the gloves and going after the fraudulent shorters as per filing a big lawsuit today in NY naming names and those bastards have really screwed thmselves this time taking on the Tiger. The line has been drawn and pistols are cocked.
I expect some JPMs to triple easily in one or two months...and if SFMI can get their finger out..same thing. For God's sake...25 cents today would still be cheap for SFMI.
Do not get shaken out of your PMs /JPMs peoples. You will regret it. I sold off my SFMI a while ago and just got back in last week at 8.5 cents. I think something has to happen sooner or later...and when the horde begins to come into these JPM stocks...look out above.
I haven't had time to check out the latest happenings today but all i can say is that I got much happier over the last two days as I saw the phony slaughter of the PM/JPM stocks. They have to let them loose soon. Anyone who has any spare cash has a gift wrapped opportunity dead ahead. Watch the big boys as the above mantioned pull ahead as things turn around. It may be early next week or within the next week to early Oct. but it will happen. Not sure if we've bottmed here but neither is anyone else. Don't listen to the garbage on TV.
I await the next few months with unbridled optimism.