OTCPK:ASLRF - Post by User
Post by
cottager97on Aug 05, 2011 8:09am
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Post# 18907314
Worth the wait
Worth the waitThinking that this massive panic sell off has created a situation where as there is a huge amount of cash out there..so where does it go?
USD?
Blue chip divident paying equities?
Bonds?
Or
To the safest investment available with proven growth potential (gold and silver)..if this were to be the case then the logical assumption in my mind is that this would create massive demand, very high prices and in turn send producing mining stocks through the roof !!
Take a look at what happened post crash in 08 with the likes of Gold corp $13 to $50 (12 months or so)
The difference now being this is happening due to global economic turmoil ,bankrupt countries instead of a few Banks and the amount of cash out there is staggering..
Im holding on,there will be more news on resource coming soon and a suitor must be lurking