by Stewart Thomson, Silver Doctors:
In 1973, as heavyweight boxing champion Joe Frazier was knocked to the canvass by George Foreman, Howard Cosell uttered the now-famous words, “Down goes Frazier!” Are current investors in the American stock market on the verge of taking a beating like Joe Frazier did?
Gold mining investors don’t need America to burn like Rome did, to make a lot of money.
Gold mining companies need rising demand for gold jewellery from a growing Chindian middle class, dropping fuel costs, and better management. Yesterday’s truly gargantuan volume in GDXJ shares suggests that key institutional investors believe all these bullish keys are essentially in place now.
Is George “junior gold stocks” Foreman ready to knock Joe “Dow” Frazier to the canvass?
Well, if the first two weeks of January are an indication of what is coming for the rest of the year, the answer is clearly, yes!
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