GREY:PGDIF - Post by User
Comment by
ekimon Feb 12, 2017 10:25pm
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Post# 25835627
RE:RE:RE:Thinking of selling last of my PGD
RE:RE:RE:Thinking of selling last of my PGDIf you think the Milliennials are creating a paradigm shift...just when you survey them to ask them if they will ever buy a natural diamond...make sure you ask them if they would ever buy a junior resource stock on the Canadian market?
My guess is that you will get very similar statistics.
Could easily be a problem that all of us face...whether it is GCM or PGD or wherever else.
A lot of newbies to the market just do what the banks tell them...and banks want those people to make 1 or 2% in the market and for the banks to take the rest.
We may need a very big up cycle again where buddy A milliennial finds out that buddy Z just made a 10 bagger in the commodity market...then you start bringing fresh money into the market hand over fist....the cycle starts over again.
What is old is new again.
There is literally thousands of Gold plays out there. Lots of money will be made in a good chunk of them if we see Gold rally to $1900 again...and I can't really see any reason why the price of gold won't...It is just a question of when.
LONG...PGD
EKIM