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beabaggage » Comments » CNX

  • Safe Haven Investments: Imminent Danger and Opportunities  [View article]
    The government should buy SWC and PAL as a strategic investment to secure supply. close the mines, then we have Fort Knox north with PAL/PLAT stored. I think CN will start some sort of rescue or incentive plan for the mines to thwart the closings because it is going to crush these small mining towns if they all start closing. Maybe bridge loans at no interest or storage arrangements or something.
    But what will really probably happen is someone is going to buy up PAL and/or SWC for cheap. Would be petty cash for Gold Fields, Barrick, GG or someone.

    Long both, buy!
    Oct 30 13:42 pm |Rating: 0 0 |Link to Comment
  • Some True Safe Havens Are Still (Surprisingly) Undervalued [View article]
    Agree totally, tried to buy some palladium bullion from several sources and the coins are all sold out. Bot more PAL instead at <2. Long PAL,SWC, NXG, CDE and GFI just for good measure. Fed is printing money like crazy, the 70's are back and the metals and other hard assets still have a ways to go in this correction. Gold is still 850 folks, people act like it went from 70 to 3 like their AIG! a 15% correction that is all. Canroys are so cheap now too. Soverign wealth funds will look to CN next and buy into/buy up these as well.
    Oct 03 08:27 am |Rating: 0 0 |Link to Comment
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