GREY:SWYDF - Post by User
Comment by
craziecanuckon Apr 18, 2011 11:48am
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Post# 18446676
RE: RE: RE: Hidden Gem- the next sector to take of
RE: RE: RE: Hidden Gem- the next sector to take of
This kind of day will cut the legs out from under almost any stock...may be a buying opportunity for those not already in or wishing to add.
Keep your eye on the fundamentals...U.S. & Global deteriorating financial dilemma for industrialized world (Canada is not exempt here, although we have done remarkably well and our economy continues to be one of the safest markets to invest in, attracting investment capital from around the world) & effect on amazing commodity prices including diamonds...increasing corporate earnings driven by strong growth in other parts of the world where inflation is becoming a problem which will further exacerbate the flight to gold, diamonds and other precious metals...amazing diamond discovery in the safest part of the world.
The world's population and related economy is a huge juggernaut that stumble and falls sometimes, but at the end of the day it just keeps getting bigger and nothing can stop it or the desires of the billions striving for a better life and more "things".
This is what the corporate world feeds on and while profit takers, speculators and bears will drive down the markets temporarily, there is no better place to invest your money unless your are satisfied with low (boring) rates of return, than equities...and I like diamonds almost as much as gold.
It's no fun being down but if you're going to make any money in the markets you have to remember the reasons your originally took a position in an investment and if they are still valid...maybe you should buy more and average down your cost. There are no logical reasons I am aware of that this project shouldn't go ahead to the benefit of all shareholders....just takes time.
Keep the faith