GOLD, yes we are still talking about it.

Posted on 19th January 2012 by Trevor Reynolds in Blog |Finance in Focus

The start of 2011 was a phenomenal start for junior mining PM stocks but the
latter half of the year was very negative. Still, one could have done very well
in 2011 with junior mining stocks by taking profits off the table when they
existed and letting one’s remaining capital ride risk-free in the junior mining
sector. In addition to using discipline to protect profits when they exist in
the junior mining sector, the greatest friend of a gold/silver investor is
patience. Sometimes one knows that great moves higher are coming, but one’s
timing may be off by a mere six to nine months. Patience will allow one to still
reap the bulk of the rewards from these great moves higher as long as one isn’t
shaken out of the markets by the banking cartel induced price volatility in
gold/silver assets. To this end, I leave you with 10-year charts of gold and
silver. Sometimes, it really is necessary to step back and take a deep breath to
see the forest from the trees.

 

 

 

 

 

1 Comments
  1. bob says:

    great call Gold is up over $100 since you posted!

    19th January 2012 at 8:46 am

Leave a comment