General Stock Ideas

[bigworld]

scstocks: Don't be tempted to cash in too soon. There will be periodic consolidation moves, but the trend is up in the precious metal sector. With Deutsche Bank admitting to precious metal pricing manipulation and agreeing to provide evidence against its co-manipulators...and with China opening a world-wide trading platform for precious metals to compete with London...we may yet see gold priced to its true value eventually. If gold had only kept pace with the amount of Dollar dilution resulting from the orgy of money creation by the Fed, the EU and the Banks of Japan and China...gold would already be close to $3000/oz and GDXJ would be at $200 (split adjusted). Just looking to the remainder of this year I would not be surprised to see GDXJ attain $100 a share (split adjusted). The economic and political turmoil I expect to happen will send more investors into the precious metals. Hold on to your shares. I'll let you know when I'm selling.