KINROSS will double in 12 months imoAll these wackos with garbage posts are what I call the stupidity factor. When it rises, it is usually because some unethical and desperate party is feeling pressured and hires bashers in a futile effort to influence the market.
Well, the market will prevail, and companies with the right assets and lots of money will do very well. The $23 target for K is very conservative imo. If you really wanted to make money, stop bashing and just analyze the facts.
You got to be in it to win it, and the shorts are going to get burned if they hang around for too long. There is a time to short and I periodically make that choice. When a company is doing well, the market will come around and recognize that improvement over time.
Don't pump, don't bash..just stick to the facts. The big issue affecting the markets.....there is a little nervousness in the US waiting to see what Congress will do with raising the US debt ceiling....obviously they will raise it, or the billionaires of the world stand to lose more than anyone else.
The thought of more printed US paper and debt is starting to spook foreign investors who are increasingly thinking long term and what resources they need for the continued growth and development of their societies.