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Message: Silverado Gold Mines vs Barrick Gold Corp - 'Daily' Charts

Sep 30, 2012 09:20AM GMT

The technicals [including Silverado Gold Mines LTD technical indicators] are lining up for precious metals players, not just the fundamentals.

The majors are hungry for growth and are sitting on large cash positions which is losing value as Central Banks print dollars. Too many dollars chasing dwindling supplies of precious metals may cause a major price spike. The majors must invest in the junior miners which in a bull market could provide great leverage and move exponentially higher in percentage terms than bullion.

For many months we informed our readers that a rotation will continue to occur from overbought equities and treasuries into the record oversold junior miners which could cause a major percentage gain over the next 12-18 months where technical conditions were so oversold that we could see snapback gains of possibly 200-400%. This happened before in the miners in 2008 and at other pivotal turning points such as in 2000 when the dot-com bubble burst and we believe it will happen again in 2013.

http://www.forexpros.com/analysis/analysis/junior-miners-are-outperforming-gold-bullion--138170

$$ Ka-Ching $$ Ka-Ching $$

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