I'm going to pump my fist in the air for all the metals, precious and otherwise... yes, they took a drubbing past couple months... but you know what they say... when everyone's crying, I'm buying... or something like that.
early august... that will be the time to get back in.
uranium.... very good too. anytime.
imho.
early august... that will be the time to get back in.
uranium.... very good too. anytime.
imho.
posted by:
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Oregon
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Unsu...
Re: silver and gold are my friends
Mon, July 24, 2006 - 5:46 AMwell i think base metals have peaked. I will be selling all my PM when the Fed goes on pause rate hike wise here.
Uranium is great long term, I'm not a buyer here though because CCJ is the only game in town, Its been bid up on the back of the commodity bull. There should be a fantastic entry point with cameco when the commodity bull fades on decreased global demand and funds blow out of CCJ. I have no price target on CCJ, whenever the P/E goes back to 20-25 i'm swinging for the fence, be it earnings rise or a price drop, or both.
