NYSEAM:ANV - Post by User
Comment by
skys1on May 23, 2014 11:16am
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Post# 22592127
RE:Whats Up??
RE:Whats Up?? Yes, I expect it might go under $3 but IMO it is just a buying opportunity. IMO, ANV is the most undervalued PM producer I know of. I don't expect the PM market to turn before the cyclical annual summer low in June/July. All the cyclical analysts whether they are talking long term or short term cycles are predicting this. So we have a couple months before all these bullish factors such as the return of the Indian market demand, return of inflation, the BRICS scheming against the US$, war cycles, slowing economy, etc., etc. will kick in and we see a return of the bull market and new highs in gold after a 3 year normal necessary correction. Don't forget we had a 11 year bull run in gold before a normal 30-50% correction occurred. I'm old enough to remember the one that occurred in the 70s. We then went on to a 850% increase. It's coming, be patient.