to those still w/o positions... ; )Here's a link worth looking at...
https://www.munknee.com/2011/02/goldrunner-fractal-analysis-suggests-silver-to-reach-52-56-by-may-june-2011/
And, taking a look-back into the 70's... "
an excerp..:"
~ "...In 1975 most gold and silver stocks were trading atunder $2 and a lot were penny stocks under
.50."
~ "It was not until gold retraced its first big sell-offand got back above $200 did the gold and silver stocks started there historic bull market that would end at un-imaginable prices.
Some examples were: LionMines - 1975 price
.07 / 1980 price $380! -- YES that's right, it'snot a misprint you could of bought 10,000 shares of lion mines in 1975for around $700 dollars - and if you held on for the whole 5 years untilJanuary 1980 you could have netted a total profit of around $3,799,300.Not bad hey!!!!! A few others were Bankeno - 1975 price $1.25 / 1980price $430. Wharf Resources - 1975 price
.40 / 1980 price $560.Steep Rock - 1975 price $.93 / 1980 price $440, Mineral Resources - 1975price $.60 / 1980 price $415 . Azure Resources - 1975 price
.05 /1980 price $109
No question about it…that was one of the biggestfinancial opportunities in history.The similarities between the 1970s andtoday are uncanny!!"
To sum-up the above...
~ ...it's hard for most people to thinkthat gold and silver will surpass their old January 1980 highs, but thatis what a 20+ year generational bear market will do to a whole newgeneration of investors, who have grown up with falling real assets(gold, silver and commodities) and rising paper assets (stocks andbonds).When the tide of human emotion swings and paper assets reallystart to fall hard, the lust and fervor for real assets will beunbelievable. The Dot Com bubble will look like small potatoes comparedto some of the up coming gains in the first gold and silver bull marketof the 21st century. But unlike the dot com bubble that was based oneasy financing, unrealistic dreams of profits aggressive accounting andpure greed, the coming explosion in gold and silver stocks will be allabout supply and demand and a object FEAR to protect one'ssavings from paper destruction combined with GREED to get in on asure thing. There is nothing that can stand in the way of a combinationof GREED and FEAR.
...imho, truly, there has NEVER, in the last 30yrs, been a better time to own GOLD, SILVER and stocks related. Hence, my positin in THIS company.. NWM!
see ya'll at the top ; )
Deer