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Evolve Canadian Aggregate Bond Enhanced Yld Fd ETF V.AGG


Primary Symbol: T.AGG



TSX:AGG - Post by User

Post by laroplexon Jun 01, 2011 3:15pm
441 Views
Post# 18658067

Price disconnect!!

Price disconnect!! Hi jvtay....To some point in the WHOLE PICTURE of things  i tend to agree with you..... BUT.....Of what i understand, when Gold was at say ($600-$800 OZS) most Juniors were doing much much better s/p wise than now at $1500 Gold.......The reason that i believe is that the future growth potential for Gold price to increase was very much anticipated(which we are experiencing this today), so saying all of this, they also looked at the potential in profit for these Juniors also(especially the Mid-Large Cap producers).......Now that Gold has reached $1500 plus, the future potential GROWTH for these Juniors/Miners seems very much less attractive.....BUT.....When GOLD does go up to say $2000 maybe $3000 OZS our Juniors will start looking very attractive all over again(especially the Mid-Large Cap)....p/s: i think with the US fiat printing itself to near worthlessness we will get there in GOLD price sooner than we think....AGG is a great company, i have a substantial amount of shares, and will not part with it until we see a take-over/merger of some sort or equivilant to $2 plus in s/p(been holding on for over 2 years)........GLTA
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