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Miners ARE Banks............


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#1 cgnx

cgnx

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Posted 25 February 2011 - 09:20 AM

Once this fact is understood, prices will drastically change for the better. Gold and silver in the ground will begin to be spoken about like a safe deposit box and store of value. With no cost to holders of shares this is a fantastic way to own gold. The stocks get no respect currently and therefore represent excellent value. Balance sheets have been greatly improved during the last 5 years. I have found that the biggest moves in a sector have been when extreme value has been built up and banked. We are almost at that point in miners.
If it can be cornered, it will.