Low priced laggards usually do the best in January after all the December tax loss selling. NOTHINGS depressed more than the stuff we're holding and we'll get a nice January bounce.
I still look for the miners to have a really good year, with the silver miners leading the way in percentage gain. Probably after a fair rally we'll test the lows one last time, then I think we take off. Aunff has already announced the closing of their silver mine in South Texas. I'm sure there are others I'm not aware of, and more to be announced. Same with gold.
I've added to ALL my positions on every 50 cent drop in each, so I think I'm set. Would like somemore MUX, then that's it.
Talking about not having the powder left when it gets under $3.00.
I hear you. Seems we always have plenty of money to buy when the stuff is high (when we shouldn't be buying) and have to scrimp to buy stuff when its low (when we should be buying.) If I hadn't sold ALL my non-mining stocks in Sept and Oct (TOO SOON, of course) I wouldn't have been able to add on the big dip the miners had the last couple of months.
Anyway, Happy New Year, John. May this year be prosperous for both of us. I think it will. I don't think it could POSSIBLY be worse than last year.
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