Replies to post #34758 on Value Microcaps Junior Miners

[Bobwins]

Gold is backtracking from historic one day gain yesterday. -$27 to $1608.

Longer term, helicopter money has to be good for gold. Massive deficits as far as the I can see and increasing at historic rates. What could go wrong???

So in this type of market, bigger is better. Production is better than explorcos. Will be that way for awhile until investors get greedy and opt for riskier bets on gold. That's when the explorcos will soar.

Today I'm holding a small position in GFI. Goldfields has the old traditional deep, high cost South African mines. GFI +.82 to $6.21 or +15%. GDX, representing the big boys of production is slightly positive.