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Main Entry: |
capitulate1
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Part of Speech: |
v |
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Definition: |
to agree or surrender according to arranged or proposed terms; to accept defeat; acquiesce |
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Etymology: |
Latin capitulum 'titles, chapters' |
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Usage: |
intransitive |
If anyone follows market theory, the final stage of investor sentiment before markets start back up is CAPITULATION. It represents a time when we are most vulnerable and surrender to the whims of the market beast. And as it turns out, this stage is usually the absolute worst time to sell
We're probably not quite there yet but I doubt we're far off. Sage is still as good as it always was. The problem is a potential cash flow issue, which means things might take a little longer.
I like what I see and want to be a part of the BG gold area. My uncle made a killing on Hemlo and I intent to do the same here... even if it takes another 10 years.
If you have the Cajoles, now is a good time to buy IMO.
