Market is Starting to Look BetterI could be jumping the gun but it sure looks like gold and copper is turning the corner which is good for BTC & Coro.
Anybody who pick up any senior gold miners in the last few days could probably make a fast buck in the next few days. I'm tempted to do it but I still like long term so I'm holding on. My wild guess is that the walls street boys are going to make it run now since they cleaned out the weak hands in the last few days. If it does run then I guess I can say those guys are getting really predictable. Time will tell.
Considering the way Coro shares have been trading lately. I would have said that the permit was in jeopardy. Since the whole market was in the toilet. The trading activity means nothing so I still believe that they will get the permit and my wildest guess is that the shares price should start moving north once again.
My gut says that we've seen the lows for gold & copper. I'm kind of biased about this but my wildest guess is that copper is going to make a run at $3.5 this time around and gold is going to make a run at the all time ever highs but like I said I'm kind of biased on my point of view. Don't get me wrong, this isn't going to happen over night but my guess is that the lows for the year have just past us by. Nothing like just sitting back fully load up and just watch things unfold. Cash is not king in my books but then again I was never a sit on the sidelines kind of guy.
Glass half full
MM