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Re: eddyimano post# 5056

Sunday, 05/13/2012 4:12:08 AM

Sunday, May 13, 2012 4:12:08 AM

Post# of 13980
Eddy - We are in the final throws of a correction in the Gold market. When Gold resumes its cycle there will come a flood of new investors into gold mining stocks. What I mean by a flood is that we will see mining shares trading many multiples above their intrinsic value. Not unlike the Tech bubble of the late 90's. Many on hopes and dreams with nothing much behind them.

You can try to time this occurance but Ive learned not to try to time stocks that I know are headed a lot higher. AGCZ should be a beacon in the market as a small producer even though its currently a pink. Most mining companies are a farce - they hold leases but dont actively produce. They will go up but the true producers will go into the stratosphere.

Now I know you own a lot of miners so I suggest you stay fully invested. Let the daily noise ripple off and look at the big picture. Many central banks are buying Gold. This is the new trend that is consistant. The mining stocks havent participated but their true counterparts: Gold and Silver are in a bull market. Mining stocks will eventually take on the same characteristics as their counterparts gold and silver. The flip flop will occur Im 100% sure of it. Im just going to sit tight and wait for it.