NYSEAM:RVM - Post by User
Comment by
jvtayon Dec 22, 2010 9:23am
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Post# 17881229
RE: This one is valued at 1/5 of other Silvers
RE: This one is valued at 1/5 of other SilversYou're absolutely dead-on right, GOLD8888...agree with everything you wrote.
Unfortunately even many who invest in gold and silver miners don't know what's going on and play in this market as though it's a free one. AS is said...Market action makes market commentary...ie, it is therefore it must be, without any questioning of "the market" or if it is acting like a normal market.
Still one has to make choices of what to invest in, but all who invest in miners should first have/own physical on their person / under their direct control and supervision and should be on a routine weekly / monthly schedule of slowly trading worthless pieces of colored paper for REAL money--physical silver (esp) and gold. That will also eventually break the back not only of the shorters of silver and gold on the paper markets (eg, COMEX) and even on the supposedly metal delivery markets (eg, LBMA, which has been shown to be itself simply a paper Ponzi scheme, selling as supposedly allocated 100oz gold for every 1 oz it actually has...see Adrian Douglas' reports). But it will also eventually break the backs of these same bankster gangster naked shorters of the mining equities, esp the juniors. And as you point out very well, Revett has been pounded mercilessly and remains grossly undervalued...jt