Re: Relax Dennis - Junior Resources
in response to
by
posted on
Jun 13, 2013 04:21PM
Edit this title from the Fast Facts Section
Gold, PMs & Vulture all appear to be in a basing or consolidation pattern since gold crashed in mid-April. If things can stay that way for another month or 2, juniors could come back to life when the seasonals improve for gold. But until then this space is still vulnerable to another leg down.
I've been accumulating gold stocks lately, but only those with good liquidity. If they start to run back up, it could be very quick. And if they break down again, I can get out quickly as well. As for juniors, I'm just watching and waiting for some sign of life.