MarkMedayski

Predicting the Bottom in Gold

Good analysis,gold will always be gold,there is no debt on it as contrary to the $.Bull market in gold will finish one day but it maybe the day when Dow Jones will be at 4000.What will happen then to gold?
Probably it will be much lower than today,but it will keep moving up from now on and support might be near,I see the gold will reach it's high by December as speculators will stay away from stocks and buy everything gold,only what this high will be I can not now but it might be anything between 700-1000 as I don't expect demand to be at more than 1000.

Bear Comparison: Today's Junior Resource Sector vs. 2001's Nasdaq

Super research,only the difference between Nasdaq and Junior mining stocks is their shareholders.It is easier for big cap stock to rebound and that doesn't have to be because of valuations change,it's how big markets operate.There is psychology that says that big stocks are here forever so nobody cares,if it looks cheap it must be cheap,people are less concerned as media give so much info on big names and they have serious shareholders like biggest mutual funds,pension funds so small investor says I want to be where Calpers on Fidelity,Vanguard is.The only mistake is to think that big investors don't make mistakes,the opposite.
Now regarding small cap resources stocks,do they have real profits regarding their market cap,I have checked few and 90% at least are losing money on their expenditures for many years already,so the question is:Why somebody must support other persons ( company's )
losses.The answer will be same in every case: My stock is the best positioned to capitalize on rising price of Gold,Silver,Uranium,Co... etc.,I don't believe the answer will be different.
So was it worth to hold those small caps or microcaps last few years when prices of commodities increased and many of average investors mining stocks are down well below 40-50%.
Results tell for themselves,it was not worth.
Conclusion:
Almost everybody of investors would make much,much better buying gold coins,platinum bars,big cap mining/oil/gs stocks as many of those seen quantiple in their stock prices for the last few years,and if you take 10 years then one can retire being bought into any mid/big cap resources stock.
Advice:
Keep your small caps,as it have no sense to sell the loser now,especially if we are still very far away from the peak in oil/gas/gold/silver/pa... but then don't make a mistake selling it too cheap.As in every bubble before the crash,such small caps will rise many times over their proven/probable reserves.
So in the end all of you will be lucky and it have nothingto do with valuations as valuations are down 50% ans stocks are losing money.
I do the same as small cap investor,only I trade commodities on short term basis so my profit will not be so big but the losses too.
Good luck,let your loser fly!