GREY:PTQMF - Post by User
Comment by
Libertygon Sep 23, 2011 9:22am
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Post# 19075754
RE: RE BUY BACK!
RE: RE BUY BACK! Gold and silver down hard again this morning. I think this down move is coming close to the end if this is only a correction. Gold down to about 1650/65 area, and silver at 31.00 to me would be serious areas to take a long risk. Silver can overshoot. If they go lower i would sit back and wait it out a bit. The timing is perfect for a low in the metals to form for a year end run. Also, mining stocks getting sold off i am starting to buy piecemeal. You can't underestimate a serious overall deflationary sell-off, but reality is money printing is going to ramp up. This could be a great place to start loading your portfolio with some beaten up juniors.