All Signs Point to a Massive Rebound! I am not going to regurgitate these signs because most here who post on a regular basis seem to have a very good understanding and a good grasp of the situation in general. For gold especially, there is not anything in the economic sphere that has changed. Today, I listened to a gold specialist from the U.S. indicate that most coin stores are completely sold out of physical silver. They haven't so much as a grams worth of it. I actually believe that silver is a better buy than gold and that ANX should be mining silver as well. But, we have been through this argument before. I have been buying in very small amounts and I feel that buying at any price below .10cents right now, given ANX's progress etc., is actually a steal. A half cent more or less means little in my mind and if we were somewhere in 2017, we would be laughing at ourselves for how ridiculous it was to be worried about paying .08cents or paying .09cents....it really does not matter. I think most of us here who post regularly are contrarians and already understand this. Today, (April 18, 2013) I paid that .085cent opening price for 2,500 shares and it seemed that all of the other buyers were fellow investors from BMO (09) coincidently. A few days ago, I picked up 2,000 at .08 cents. I see this as a savings account that will ultimately pay dividends in the form of a great stock price, down the investor highway. It amazes me how someone will fight for that half cent or so not realizing that the price is so beat up and the stock so undervalued that just about any price you pay now is a huge bargain. I see no further indication of any more warrants being exercised. By Friday, May 3, 2013, a large chunk of these warrants will expire. I am shocked at how fragile some investors are that one shockwave like a correction in the price of gold would push them over the cliff and panic so badly as to give away their shares unnecessarily.
Today, I believe that Germany announced that it will come to the rescue of Cyprus and that means that Cyprus can hold on to its gold reserves. Most gold producers are seeing their stock at 2008 lows and some at decade lows. This sector has no place to go but up up and away. Everything else is still somewhat overpriced.