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TYHEE GOLD CORP

(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)

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Message: Re: Market Action Rambling

Mar 04, 2008 02:06PM

Mar 04, 2008 02:09PM
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Mar 04, 2008 09:42PM

The day to day market actions, talk and rumours are all noise. Turn down the noise and look at the big picture (the long-term).

The past several months, Gold , silver, and commodities such as copper and oil have had a good run, so, a correction and profit taking was bound to happen. Have a look at the charts, i.e., 1, 3, and 5 year charts, and I think you will agree that it was going to happen. Gold might correct a little further and then trade sideways. I believe we will see higher gold and silver prices later on. This has happened before and will happen again. 

I think companies such as Tyhee have stronger fundamentals than they had a year or so ago, so, they should be able to withstand these corrections better, especially at these higher prices.

India, China and the other economies haven't gone away, I think there is more to come. We are not just in an uncharted higher prices territory as far as gold, silver and commodities are concerned, we are also in a different and bigger global economy.


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