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Maddog

Posted by Buygold @ 13:47 on October 17, 2024  

I think that’s right. Earnings for the majors should be strong again when they report in a couple of weeks. It’s sort of an unwritten rule here on Wall Street not to touch pm shares, anything pm really, but greed will take care of that eventually and momentum players will come in. I don’t know when, maybe after this quarter’s earnings, maybe after gold and silver hold certain levels for a while, I really don’t know, but I suspect when they do finally go, they’ll go up lightning fast.

Hard to see it will be that much longer. As for the juniors, they need to show some decent profits as well. There are still stocks like AG out there that are serial underperformers that need to get their crap together.

I think we’ll start seeing some good things before year end. Can’t stress enough the need for some volume though, then these computers will have a much tougher time keeping things down.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.