You guys give me a little too much credit...
posted on
Jul 29, 2008 02:11PM
Focused on becoming a near-term Gold Producer
...I'm just paraphrasing a compilation of ideas that greater minds than mine have uncovered.
The trick is for the retail investor to know the trend that is coming before it happens, and to be on board with a company or companies who also have their timing right. A metals super-cycle it is said, is almost upon us. That's why the labs are so backed up, partly. Mines shut down or limped by over the last 20 -30 odd years, and so went the labs.
It's hard to imagine the previously held belief that Canada's great finds had already been discovered. The mining industry has been waiting for quite a while for the wheels to get moving again, and I certainly hope we get a sustained run out of it. Too bad we Canadians have no more home-grown producers anymore; goes to show you how cheaply we sold our inheritance in hindsight. Would be nice to see more spring up if the opportunity allows.
At any rate, now that this decade has begun with the tech stocks rise and inevitable fall, we are now seeing a repeat with real estate, and probably more blue chips like Bear Stearns will fall from grace. Once gold hits $1650 as Sinclair predicts, what will be the next logical flavour of the week?
That's something I can't tell you, but I've got a couple of years to figure it out, I guess.
At any rate, I'm still waiting for the abrupt turnabout in gold and metals that I keep hearing about, and the effects it will have on the significant players in the G/B area.
The proof, they say, is in the pudding.
I'm still wating for my pudding!!! LOL
See y'all after my coffee tomorrow.