GREY:WFEMF - Post by User
Post by
Sargeinchargeon Apr 17, 2015 1:00pm
284 Views
Post# 23640983
Fear of Commodities...
Fear of Commodities...It seems as though investors are staying at from commodities. Volumes are very low, speculation is very dismal at the moment, plus no one seems to know the extent of stockpiles China has tucked away to flood the market. Small indicators such as increased demand of Uranium in Japan,instability in modern currencies for a recent uptick in gold plus a recent pulse in some rare earth metals lead me to believe that commodities are headed to a bull market (starting with gold). The phycology of the current investor has to change. Too many retail investors have lost their shirts in the last few years... Until there are a couple of winners out there that get some spotlight we can expect volumes to stay very low.
Years ago I bought in to Woulfe as a "sure thing" The only assurance I have today is that the value is still in the ground. At some point weather it's Woulfe or its successor, someone will be cashing in... Now its all about timing with the help of a stronger Tungsten price coupled with increased confidence in commodities. As far as the current situation with Woulfe, it's difficult to secure financing when it appears that there is no clear strategic path forward coupled with mismanaged funds from the past. There is a lack of credibility by all "stakeholders" (Korean gov, retail investors, potential lenders etc) with the high turnover rate of the BOD...