1. Most Discussed
  2. Gainers & Losers

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 !!!

DISCLAIMER:
Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.

Top