Better times coming in 2008According to Canaccord Capitals Nick Majendie last week the TSX should hit 15,000 in 2008.
Jeff Rubin the well known CIBC analysts echoed that same sentiment suggesting the markets will pick up later in 2008 and go to much higher levels.
Article just out saying Canadas exports increased 3.9% in February and Wal-Mart stores in US increasing its sales forecast.... largest retailer saying things are getting better is encouraging.
It's not all doom and gloom as some would have you believe. There is a general concensus that the juniors are way undervalued and many expect a rally to come they just aren't sure exactly when. One thing for sure is when it comes it should come strong as many funds have been sitting on a large pile of cash.
Best to be invested in companies which have a deposit and are or will be mining ie ATW, TMM, KNB, AUN, SWN, OTL, TLG, and a host of others which have the goods..