Silver and Gold Stocks Revisited

[webmaster]

Subject:Silver and Gold Stocks Revisited
By: Roland Watson, The Silver Analyst

Overview: All I can say is that if the credit squeeze fears are finally put aside around the same time gold and silver form their next major bottom then mining stocks may well be the place to be. In other words, if the S&P500 can rally to new highs in the next 12 months while the precious metals gun for their old highs then the HUI and other mining stocks will have the best of both worlds.

Link: http://news.silverseek.com/SilverSeek/1206684000.php

[chux03]

"All I can say is that if the credit squeeze fears are finally put aside around the same time gold and silver form their next major bottom then mining stocks may well be the place to be. In other words, if the S&P500 can rally to new highs in the next 12 months while the precious metals gun for their old highs then the HUI and other mining stocks will have the best of both worlds."


Fat chance of that happening in the next 12 months. This guy reminds me of CNBC and their constant banter about "is THIS the bottom??" No it's not and this will be lasting a LOT longer than 12 months! And we haven't seen the last of the bad news about such things as (more) bank failures and the falling dollar....if the S&P can rally to new highs in the next 12 months. You'd do better by SHORTING the S&P with a generous helping of RYURX shares. Rally to a new high in the next 12 months HA!...that's too funny!!
I'll stick to acquiring physical metal and adding to that portion of my portfolio and watching those mining stock shares continue to go either sideways or down. While I do see the wisdom of buying some of the majors, my foray into junior mining stocks has been dismal compared to my physical metal holdings, especially since last August. And to think I actually sold over 300 ounces of silver ( and along with some other funds) so I could finance my way into a brokerage account buying and holding several junior mining stocks. The higher silver goes, the less I even like to mention it.
Anyway, looking back at the past 9 months or so, acquiring physical metal AND investing in some of the major mining companies would have been the way to go. Buying Agnico Eagle back a few months ago when it was in the mid $40's, for example, would've proven a smart move. It's now around $70. And physical silver was in the high $12's last June when I sold some, gold has done even better over a longer term but anyway, you get the drift here. Got silver (and gold)??

[allquestfred]

In 2000, based on this article:

http://www.isthatlegal.org/archives/..._new_hi_1.html

DOW closed at 11, 722.98
S&P - closed at 1527.46
NASDAQ Composite - 5048.62

Today,

DOW closed at 12,302.46
S&P - closed at 1,325.76
NASDAQ Composite - 2,280.83

To say Stock is best for long term investment, how many of you know someone (average Joe) getting rich from stock market. I know of many being stripped poor by it.

It is difficult to forget the nightmare of Gold/Silver in 1980-1981. The fact is gold should not be hitting $850 nor silver touching $50. It is called a bubble. Gold should of been around $103-$200. M3 money supply did not increase to the proportion of the increase in gold price, so the obvious must happen, VIOLENT and SUDDEN correction for all bubble in the making.

Now, Gold has reach its peak. Is it over value and a bubble in the making? Most likely not because Gold should worth that much if we can really know the actual M3 money supplies with all the bail outs, stimulus packages, $15+ billions/day war, and host of other needs for the paper money.

So, what should be the next bubble? Those who sell before the bubble burst are the smart ones. Here it is, Next Bubble - SELL before it burst

US DOLLARS

There are lots of them floating and people are dumping them. Should you join in dumping or HOLD or put into the stock market? Hmmmm.... it should not be that difficult to figure out to SELL Dollar (which is at all time high) and BUY something that is very low and depleting every year ---- YUP, you got it SILVER. I did not discover the opportunity, but found it through people like you guys cluing me in on the possibility of silver shortages. Many thanks to Mr. Butler and his articles as well as many others contributing to the very little knowledge I have in this field, but I am ALL IN.