![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Friday, February 22, 2013 2:26:43 PM
I've got to say that Gold miners, that's the 3X NUGT equity,
are at the bottom of the list of investments by most.
1)The masses of investors aren't ready to invest in speculative shares.
2)Money is simply unavailable for speculation.
3)The gold miners themselves have bought other miners and land that hasn't produced.
4)There is no dividend of respect for investors.
5)Costs for production have risen.
6)The US Dollar has risen simply because all the comparative currencies are worse.
7)There is no real inflation index as all money is being devalued (US Dollar devaluation is very small even with $80 Billion minted by the Fed each month).
There's just too many negatives.
I thought there was a bottom but I'm wrong.
Good luck to you and me!
“To be yourself in a world that is constantly trying to make
you something else is the greatest accomplishment.” ---Ralph
Waldo Emerson
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM