I deployed some cash in junior gold stocks on the mid-August sell-off. So far so good. What I am hoping for now is another sell off after a re-test of the 14,000 DOW. (Notice I am using the word "hope"). What I really would like to see is a tanking of the indexes and an upthrust in commodities. I have stuck with my oil and gold and have been more reserved on the basemetals. If the dollar gets below $.78 on the dollar index we should see more strength in "stuff". An initial sell off in the commodity stocks should be expected again in a big downdraft, however they should recover and ralley based on dollar weakness and general demand for stuff.
I am putting together a shopping list:
NGG.V GORO.OB SGR.V YNG.TO RBY
SPM.TO
CS.TO EXN.V NRDS.PK
Anyone have any more table pounders we should look at?
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