Re: Survival mode for the juniors
in response to
by
posted on
Oct 16, 2008 04:40PM
The broader market will not stay down for a year.... Look at every other major selloff... This is fear mongering by many talking heads and pundits on the TV... Their time to spew slime on the markets.
There are over 6 billion people on the planet now.... Over 2 billion of them live in China and India... They are not going back to the rice patties...
The Chinese have almost $2 trillion in cash and t bills... I would bet they are puting some of this to work right now, buying up positions in takeover targets. These will include stratigic supplies of metals, energy etc.