Here's a dilemma for those now investing in Tyhee.
posted on
Aug 15, 2009 07:36AM
(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)
AgAuGal, You asked, "
"would anyone be adding to their shares o f TDC or is everyone just worn out waiting and not willing to risk more capital?"
Here's the dilemma facing those now wishing to invest in Tyhee, as I see it possibly playing out over the rest of this year:
David Tice and Bob Hoye predict a major market sell-off that is about to happen. Perhaps one that will be as severe as last Fall's crash.
If so, one prudent strategy for buying more Tyhee is to have cash on hand so that when prices may dip, you'll be able to buy at bargain basement values. Remember, Tyhee was selling for between 5-8 cents last year.
Of course, this anticipated next Great Leg Down may not be as severe as last year's. And, buying Tyhee at significantly lower prices may not be possible. But, if the price of gold, unlike last year, can weather this forcasted Fall financial storm, then mini-juniors may be less damaged this time around.
Apropos of all this, I just called in my next Q-Line call to Jim Puplava. I asked if he's anticipating a similar market disaster for this Fall, much like we experienced last year.
(What I didn't ask, sorry, is how much damage would be done to junior share prices.)
Cheers,
Baires