Forum Archive Index - April 2004
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[sharechat] Pending Global Stockmarket Crash
The very recent temporary fall in precious metal prices, is nothing more
than a panic glitch and a precursor signal to a pending global stockmarket
crash, triggered by a collapse in USA equities. The exact timing is unknown,
but you can bet your bottom dollar that it's not too far away.
As regular stocks tumble so will mining stocks suffer temporarily in the
drag effect aftermath. However, mining stocks, and in particular gold
stocks, will rapidly recover as a safe haven and head to much higher highs
as gold once again resumes its mighty bull market uptrend, and the US dollar
is sucked back into downtrend. Their is nothing on global horizons to stop
this momentum situation from happening, and that's without the effect of the
growing rate of world terrorism and hatred for the USA.
Take advantage of this brilliant opportunistic situation and buy (or top up)
your quality gold stocks. There are many to chose from, but right now, a
classic for the future is PNA. It has everything going for it, and heaps
more to come. I cannot emphasise the strategy of "Buy into Weakness" more
strongly than right now.
Lazy Haggis
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