GREY:GBRIF - Post by User
Post by
dmack17on Feb 15, 2007 1:53am
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Post# 12240040
People like gbn = most gold stocks are junk
People like gbn = most gold stocks are junkIf we look at most gold stocks over the last 3 years as gold raged and inflation ran,you will see harsh losses.The kind of losses that are actually a disgrace.On the tsx every sector was up ,except one gold.The fact is only 1 in 10 gold stocks will go up,the rest is hype and the analysts pumping now are actually dumping.But gbn held steady and Ron has a good rep,thus people like it.Look at your portfolio closely,if you see anything funny whatsover,dump it.
Queenstake,nevsun,golden star and on and on.Most insiders make their money pumping,shorting and then dumping or diluting.People trust Ron to find gold while other go belly up.Next wave only 1 in 10 gold stocks will go up as the others are sold mercileslly.All part of the plan as the gold cartel(gold analysts) make most of their money shorting as they tell you to buy.Golden band didnt do that and will now reap the rewards.