GREY:PTQMF - Post by User
Post by
Libertygon Nov 29, 2010 2:21pm
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Post# 17771697
Once more just for fun.
Once more just for fun.Who will be these gainers for 2010-2015. In this global economic environment, these days are coming again.
From Kitco:
Here is where a lot of analysts are making a big mistake!
Some analysts have forgotten about theunprecedented mountain of new moneythat has been created, and they haveoverlooked the impact of ETFs onmining stocks. If the dollars thathave gone into ETFs were availableto the mining sector, prices forgold miners would be multiples of whatthey are today. As it is now itwill simply take a little longer forthe uptrend to play out. Hereare some examples of what can happen togold and silver mining stocks:
- Mineral Resources 1975 at 0.60c to 1980 at 415.00
- Azure Resources 1975 at 0.05 to 1980 at 109.00
- Lion Mines 1975 at 0.07 to 1980 380.00
- Bankeno 1975 at 1.25, to 1980 at 430.00
- Steep Rock 1975 at 0.93 to 1980 at 440.00
Before this gold market reaches its peak there will be dozens of mining stocks with similar performances and the buying frenzy will equal that of the recent ‘dot-com’ activity.