TSX:LSG.DB - Post by User
Post by
craziecanuck2on Dec 29, 2010 3:14pm
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Post# 17903055
Man I Love Gold
Man I Love GoldRight now gold means $ & I'm making lots of it with this play,since I been at it for about 15 years going back to Bandore. Lucky (or stupid at the time...who knew) to have really averaged down my cost after the market collapse of 2008.
Hey and the prospects only look better with all the global turmoil & still rattled financial markets.
The conventional wisdom is don't put risky stocks into your RRSP, cause you can't write off losses (and I've had a few of those), but I bet heavy gold would eventually shine & it's finally paid off, it's almost all tax sheltered (including TFSA's for me & my wife) & just in time for my retirement too! Not a strategy I would recommend for most people, but hey some people go to Vegas...I like penny stocks.
Now if things really heat up and this baby hits $20 like I think it will over the next two years...Halelulua Brother!!!
Bring on the maid & the butler.