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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by kensinon Apr 18, 2012 2:51pm
258 Views
Post# 19808879

RE: RE: Some reasons

RE: RE: Some reasons

I did not say China would collapse. If their growth was to drop to say 4% you would see a world in complete kayos and China would not be able to sustain their infra structure.  What China is doing is growing while Europe is contracting. China can not save the world and owning debt like U.S. bonds in the billions only looks good on paper. They also hold Greek, Portuguese and Spanish debt. What happens if China is forced to write off all that debt. What happens if the U.S. debt hits 20 trillion and China is asked to forgive 50% of what they hold to keep the U.S. afloat. What you need to be aware of is the market knows these things and that is why they are so risk adverse and why they take profits wherever and whenever they can and why you are not seeing a sustained rally in anything anywhere. The money is being made by playing spreads and getting in and out of plays at lightning speeds. My point was Cline Mining is (1) one "Krill" playing in an ocean of Barracudas and so the relentless bashing of management and their actions is irrelevant in the worldwide scene. Smart money is learning to play like the big boys. Get a cheap trading account, get in and out of plays quickly taking whatever upside you can, play the spreads and protect yourself by hedging . Don't expect a home run 10 bagger scenario anywhere right now and if by some absolute miracle it does happen get out on the way up .  JMO 

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