Posted:
#26
Quote Originally Posted by MuEagles79:
problem with precious metals now is that you are buying at their high arc....I'm sure you bought a while ago and are truly profiting but advising people to buy now is a little unwise
problem with precious metals now is that you are buying at their high arc....I'm sure you bought a while ago and are truly profiting but advising people to buy now is a little unwise
mu,
High arc? The juniors are trading at historical lows right now??????? The pennies are off 80% across the board from a year ago when gold was lower. The base commodities may be high but the stocks are priced based on $12 silver and $550 Gold which we may never see again. The Gold/Oil and especially Oil/Silver ratios are way off. Granted from my post yesterday the HUI hopped another 4% but these stocks are cheap. I mean CFC is valued higher than CDE the World's largest silver producer. As for PGM's my calls on SWC and PAL could have made everyone a years worth of returns in a day. There is a shortage of Palladium which is one of the world's rarest metals get Paid Son!!!!!!!!!! This is too easy. I'm not just talking Gold/Silver; you can make huge money in Uranium, Silver, Zinc, Nickel, Copper etc.... I'm all in!!!!!!!!!!!!!!!!!
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