Loading ...I like all the points of view posted here. I think they boil down to short, medium and long term views. Personally, I have a long term view as I know Im not nimble enough nor have the market knowledge to trade short term, lol, not for lack of trying a few times. So I have become long term waiting for a rising tide to lift all the boats. Including the juniors. Patience and history, I feel, are on my side.
The medium term view, to me, is the most frustrating. The mix of fundamentals that haven’t kicked in and the technicals that look good today, etc, so hard to call. The I will buy this and sell it in 3 months when it goes up. Had the worst performance with that thinking. So again, I sit in the long term camp.
As I mentioned in my Hello post, Ive basically, over all, had a long term view for over 20 years now. Whats a few more.
One thing I will admit was addictive, was in the first year I had some decent investments in gold and silver, maybe around the year 2000, I had an over 100% return on the portfolio; the hook was in, and I have not wanted to miss out on that again. I guess there is a lesson in there some where.
As for today, when I see the Majors having a good day and the Juniors down, I feel its just the smart money getting in, they have time to buy the Juniors at a later date. On days when its all green in the G and S camp, thats when another group of speculators have “found” G and S as a play.
Cheers