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Market Vectors Junior Gold Miners ETF Message Board

  • bayou04 bayou04 Jul 12, 2012 3:31 PM Flag

    Maximum pessimism

    may have now been reached. Might throw a little money at NUGT.

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    • Well, I did add a tad more, in the $17 area...and also grabbed some CLF / FCX ...I suppose it's like a contrarian play...'hated stuff'...they pays some divys tho...helps a bit.
      (put it away for later)

      I only have a small portion of funds in those 3...and no, I'm not looking for them to pop up soon...May be more like 1976...leading into 1980
      (how is the US ever going to handle the debt and $100 Trillion in unfunded liabilities?...and I'm imagining that if "O" gets reelected, we'll probably get another downgrade of the currency...and maybe "all but lose" our Reserve Currency status...It'll be a disaster if we get 4 more years of "this" Socialist / entitlement stuff....should be inflationary later on. We'll be exactly like EUROPE

      Good luck

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