rockymtnway

Corporate Insiders in Buying Frenzy

It's interesting that finding silver and gold in coin denominations is getting very difficult and people don't know where else to stick their money in the face of a looming recession. While they may be foolish given the current deflationary trend, if the dollar begins to lose value due to their growing debt, things could turn around quickly.

I wonder to what extent the lack of insider buying is simply because of a fear of the markets right now rather than sound financial strategy. Seeing ABX trading in the low $20s recently with gold still over $725/ounce is a clear sign that things are out of whack.