Re: ...And From Our Friend Stephen Leeb
in response to
by
posted on
May 10, 2012 10:27AM
"The junior gold stocks, the ones with honest to goodness reserves which have not been developed, they will see one of the greatest, if not the greatest bull market of all-time."
I have followed Stephen for years and have great respect for him. If the above proves correct then someone else must, also, be of that same opinion to account for this bear raid. Year's ago Bill Baxter said the biggest gold share performance when the metal ran was in the low grade producers and an even greater percentage gains were in the potential low grade producers with economic deposits shaping up. Stephen says the turn in gold in right around the corner.
Years ago Bill Baxter introduced the Goldex property as one of these potential gold property's as some might remember. Aside from recent structural problems, Bill was 100% correct on this one. Of course since years past the Goldex stock has had its violent ups and downs prior to the Agnico takeover but in the end, it was the gold in the ground that ruled.
Thanks, brutus