to see all these know nothings continue to post how tired gold is. How it won't get over this or that level. How junior golds are dead money. How gold is going to plunge any minute. As I have written here many times in the past two months, gold has a clear path to just over $1400. It will continue to grind higher, probably stalling out in the $1410-$1420 area. From there the most likely course will be a consolidation/correction that features several up and down moves, but essentially remains unchanged for several months. Continue to expect much higher prices later this year through much of 2016. Unlike steind/herzlicht, I continue to make money in junior golds.
Thanks for your response and input. You're obviously very familiar with Rye Patch and I appreciate your insights. In regard to Columbus Gold I'll give you what I have learned about French Guiana. It is an overseas department of France. As such, it is governed by the provisions of the French Constitution. It is part of the European Union and it's currency is the Euro. I think any political risk is very, very small. Good luck with your investments.
Please show me all my 2013 pumps. They don't exist sweetie. Also please find all my rare earth pumps as well. I'd love that since there are none. Going back and forth with you is a complete waste of time because all you do is create fiction. I only became aware of you about two or three months ago and since then all you've said about gold has proven to be wrong. The numbers don't lie. You can't hide from them. On the other hand just about everything I've written here since the start of this year has been pretty much on target. Please do us all a favor and crawl back into your hole and make love to some of those rare earths you hate so much.
You're out of your twisted mind. If I post here maybe twice a week it's a lot and didn't really start until 12/19/13 when I called the bottom. This is where you live. I don't live here. I have a life. Please show me all my gold related posts from 2013. I doubt there are even 10. Plus there is not a person alive who can call every turn, every top and every bottom correctly. Unlike you, I can admit when I am wrong and walk away from a bad call and trade. You on the other hand resort to phony identities because you don't have the guts to admit you can be wrong.
Spawned on March 4th. Over 400 posts since. I guess steind76 needed to update his mouthpiece in order to keep getting his clueless, bogus message out. He'll have his days, or maybe even a week here and there to gloat and annoy, but make no mistake, his message is bogus. Just as gold will soar well into 2016, stocks will fall. It's possible the market can be propped up a little longer, but a meager 6 months from now it will be very apparent the stock bull is dead. I give the market a four month window AT MOST where it still may be able to run to new highs, but most likely not even that. The end is near. Gold and gold and silver stocks are the place to be. Many juniors have done very well the past few months and that will only accelerate and continue in 2015 and 2016.
Gold will continue to grind higher from here. No serious resistance until $1410-$1420 zone. At that time expect consolidation/correction. For now it will be difficult for gold to clear that zone. Could take several months of up and down backing and filling. The good news is that once it breaks through it's off to the races.
Take a look at CBGDF. I own them both. Actually have owned Columbus longer than Rye Patch. I think it has more upside. Their prime property is in a politically safe and stable area in South America, French Guiana. Most people never heard of it and I confess I didn't know where it was until I became aware of Columbus Gold. It didn't take me long to realize what steal it was and is in my opinion. No dilution will be needed as they have forged a sweetheart deal with Nord Gold, one of the largest gold producers in the world for funding to help develop the mine. Nord Gold does not mess around and I think this will be fast tracked. The stock doubled ( from .28 to .56) from the very end of December to last week. Has pulled back to .50 now which I think is healthy. I'm loaded to the gills with it. Do some dd if you're interested.
Too early in the game in my opinion. At least I hope so. Could happen eventually, but we're all better off to let this run free on its own for the foreseeable future.
That would be a nice problem to have. I started buying back in October at .26. I have shares coming out of my eyeballs. It would probably be tempting to take something off the table. But I'm a greedy s.o.b.
The next earnings release which will include numbers for 4th quarter 2013 as well as totals for complete year 2013 will be released this month. Only caveat will be if they ask for an extension as they did last year. If that happens, earnings should be released no later than April 15. What Yahoo has listed will be earnings for 1st quarter 2014. I was expecting that to be released by the company in mid May.
You are the idiot for making such a stupid statement. You'll probably be the first one to kiss his butt when it turns around later.
ONCS. That's all you need to know. That's all you need to buy. It's easy to jump on stocks after they've run. Any idiot can do that. One more: CBGDF.
As alluded to last night, gold has had somewhat of a breakout today. As has been repeatedly referenced here, gold should continue to fight higher until it gets just over $1400. The nature of the remaining move to a little over $1400 will determine the nature of the coming consolidation. From this vantage point it would appear that gold will stagnate for several months before it resumes its march higher. We are now at the very early stage of a multi year bull market in gold that will last through much of 2016.
Gold most likely will not have a meaningful correction until it gets over $1400 and depending on the path it takes to get there, that correction may be muted. At any rate, even if gold corrects back to $1320 from over the coming $1400, it will surge later this year well into 2016.
I'll take some of your action. Put some money on the table! I get a kick out of the clowns that show up here proclaiming they know what's going to happen. You better be careful with your money friend.
Better get to the eye doctor fast! You couldn't be more wrong.