Conventional wisdom seems to be that this sector has nowhere to go but up, with a projected POG staying high and demand in China steadily increasing. Is anyone playing this wave with any specific stocks? Myself I have had a couple of runs lately in metals, check out czn.to ggg.to jni.to i don't know if they are good long term picks or anything but they have had nice bounces on good days for metals. Any thoughts?
Watch the Cortez Hills play where PDG hit 450 ft of 1.5oz/ton gold. VIT and WKR are the major players. This play could collapse or turn into a nice area play.
Long-term, the US dollar is in a multi-year decline, so the gold/commodities boom should stay a while. Placer and Barrick will be in the $40s before this bull ends. We will get into a euphoria stage,we are not even close to euphoria yet. Still in disbelief/apathy stage. Ask a European about the bull market in gold.