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Acadian Mining Corporation ADAIF



GREY:ADAIF - Post by User

Bullboard Posts
Comment by vlieton Mar 27, 2007 9:09am
377 Views
Post# 12495180

RE: subprime mortgage and S&P materials index

RE: subprime mortgage and S&P materials indexIF the US dollar starts to plunge, and that's a big IF, then base metals should fall. This despite the huge growth in Asia and India. North American investors are largely North American focused and think that a small downturn in US will mean no one will want base metals. It's short sighted but that is the market. Now what about that big if. I was a US dollar bear and I guess I still am but again the US dollar has defied all logic by hanging as tough as it has. It seems as if investors are ignoring all the signs out there and just have blind faith in the strength of the US economy. Time will tell but for now I've made far more playing the non precious metal side of this rally. ADA has the advantage of attracting both types of investors. It is really a value play unlike most gold stocks that are the hope for the home run drill result plays.
Bullboard Posts