Sunday musings
posted on
May 01, 2016 04:13PM
Hey Klaus for a little nostalgia Here's some Sunday musings for you
U.S. Dollar: The dollar is finally showing weakness.Despite the don't worry be happy crowd on tout TV the U.S. can't continue to rob Peter to Paul.
Gold: Trending higher if we can break through $1300 the bull run will finally be getting legs with a push to $1400 be the next level.
Gold stocks: the mid tier producers are looking great.t.smf and t.tgz are moving up nicely and still have room to go higher.
Silver stocks:best kept secret.moving up even more than its gold counterparts
Base Metals: no if but when the global economies get past their slowdowns and recessions we will be in the greatest super bull cycle for base metals.Until then,stick to pure zinc plays like t.tv
Speculative mining plays: it's all about management.there are only a few select managements I would trust(those that pay me to tout them of course)otherwise stick to those that have a lot of cash to survive during these difficult times when getting financing can be very difficult.v.gzz v.min are looking good and v.prg seems ready to move on possible drill results if and when they start drilling again.also look at v.soi to continue to have favourable drill results.