Next week is the Bottom

Bob Moriarty
Archives
Dec 23, 2011

When I am at home or even on the road if I have the time, I may read 50-60 different articles a day trying to figure out what pieces to post. It does get boring to read the same thing again and again and again. There is so little original thinking out there from anyone.

On occasion I read something truly exceptional, an actual original piece well buttressed by facts and logic rather than rehashed plagerism. I came across such a piece today and just had to post it, notwithstanding the fact that I happen to totally agree with it. The piece is so well backed up with facts, logic and even charts that I think every reader owes it to themselves to consider it. And I think he’s got it exactly right.

This has been a fairly good year for my predictions and shares. I’m only down about 50% and that’s damned good considering that John Paulson is down some 52% and was personally responsible for gold crashing $105 in a single day in September due to a margin call.

Gene Arnsberg has written a piece he titled, “Why We Remain Bullish on Small Mining Shares.” He has posted the piece on his website with charts explaining why he feels that way. The article is brilliant and certainly worth a must read. And I think he’s exactly right.

So regardless of the Euro crashing, and I think it will, and regardless of the banking system being on the point of a total collapse, and I think it will, gold shares are cheaper than they have ever been. That won’t last long. Tax loss selling ends next week and gold shares are going a lot higher than anyone but Gene and I anticipate.

I’m going to get real lazy here but I think my readers will appreciate it. I have visited a whole bunch of great projects lately and I must get around to writing about them. I intend to fully cover them in the future, but I want to mention them while investors can still pick them up at the bargain basement.

I own some and some are advertisers. They are absurdly cheap in my view. I am biased. Take some responsibility for your own decisions.

http://www.gotgoldreport.com/2011/12/why-we-remain-bullish-on-small-mining-shares.html

http://www.321gold.com/editorials/moriarty/moriarty122311.html