As I just mentioned to a former subscriber in an email exchange (that I hope to reproduce for the blog's benefit shortly), the small gold stocks tend to make big catch up moves toward the end of large rallies. NFTRH currently holds small producers and explorers for this reason. As if his ears were burning, Steve Saville pops an analysis of this dynamic into my inbox this morning: Is This the Top For the Gold Sector?.
There are many of these 'late stagers' gaining traction now, just as MTO.v did last week as highlighted here. To the sound of Tom Cruise's excellent character in Tropic Thunder: 'Playah? Playah? Big **** playah!', people who don't buy the 'GO GOLD' cheers can make some money here by being nimble.
As I told subscribers, I can 'momo' the high risk environment because the market owes me nothing. I can take a short term loss by being wrong with the capital I am currently willing to risk. That is because the real trade was in October/November of last year, when it was really hard to buy, unlike now. Think about it.
Edit (10:16) Just can't help it... do not view if crudeness offends. Da playahs be gettin' da G5's. NFTRH 'conservative' target hit today on the HUI. Next target up above and OP/EX coming up, as subscriber Paul notes. Playah? Problem being, this ain't a movie and the major financial media are not sane financial advisers.
