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gold- junior stocks -a new slant.

  1. TigerTen

    1,978 Posts.

    Everyone including myself is mystified by the lack of response to the POG by the junior end of the market. None of the many reasons advanced thus far seem valid to me - so we sit and wonder just what it will take to fire this market.

    Now if explorers are not in demand and can't raise funds then exploration will continue to decrease -hence no new discoveries and the demand /supply gap will worsen. And given the trend higher in the POG and a new perception out there by Wall St and the other PTB it follows that the central banks are unlikely to dump gold. So my conclusion -it may not be a bad thing that the juniors are not tracking gold -becuse when the demand/supply situation becomes more critical and exploration is clearly at a standstill, then the potential for an explosive increase in gold prices is even more possible. Well that's one way of looking at it anyway !!!

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