“Gold Points” from Canadianmineanalysis.com
NAPOLEON BONAPARTE… Napoleon Bonaparte once advised to “never interfere with an enemy when he is making a mistake.” Some gold companies’ shareholders may now be making serious mistakes by selling shares in stocks that they have lost patience with; yet that is normal at low prices. They might ask themselves “who is buying?” as there is a strong possibility that they are giving away undervalued stocks at very low prices. It may prove to be a serious mistake as incredible bargains in gold stocks occur at price lows. Today value oriented investors can find many companies that are exceptionally undervalued on the basis of various valuation gauges. Our analysis suggests that we are about to commence further price moves up in Gold, Silver, mining and exploration stocks. Many of them should move up to price levels that will amaze investors. Because there is so little comprehensive research coverage for most metals companies, many remain undervalued. The coming price moves up in the precious metals stocks’ prices should far exceed investors’ expectations. Cycles…Maybe the most important ingredient of all Cycles can be very extremely useful when trying to make timing decisions. It is important for investors to recognize that several important cycles are projecting that Gold should soon have a large move up….very large. At the same time, several cycles forecast bad times for the industrial stock market. ……and very bearish times coming for industrial stocks which is positive for gold, silver, mining shares and hard assets.