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Alcatel-Lucent Message Board

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  • el_latino1976 el_latino1976 Jun 7, 2002 11:11 PM Flag

    LU or JDSU?

    Not too many analysts and financial advisors will recommend gold/silver stocks...for the past two years anytime anyone would mention the precious metal sector they would discourage people from investing in it.

    These people have been wrong for the last two years, the Dow Jones hasn't gone anywhere and the Nasdaq has tanked losing over 60 percent of it's value.

    Meanwhile the gold/silver stocks have been in a stealth bull market and this has happened without any help from the CNBC types on Wall Street. They say we have hit bottom but look up a 20 year chart on the Dow Jones Industrials and ask yourself if it looks like the market has hit bottom...also pull up a one year chart on a strong gold stock such as Goldcorp (GG) and compare it to any stock you choose...chances are Goldcorp has outperformed it by a large margin.

    The guy on NBR is wrong...gold/silver stocks ain't even close to peaking, the investing public hasn't caught on yet, once gold breaks the $350 mark more money will come pouring in driving the gold/silver stocks even higher..it's a small market so it won't take much to get it really going...

 
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