Jaguar Mining (JAG)
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Because the FED will not increase interest rates
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junior gold play ...
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This is an inflation hedge.
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junor minor, gold exposure, hedge
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Stong rise in sector
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I am bullish on mining and precious metals. Inflation is an inevitable rsult of what is happening. Gold, Silver, etc are hedges against currency hyperinflation or out right collapse.
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With the expectation that there will be an uptick in inflation due to the numerous bailouts by governments, gold will surge. This is just one of a number of precious metal companies that will do well from the spending.
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The value of gold will only appreciate with inflation
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When things turn around it will be a result of the governments around the world having pumped money of all kinds into the system. This will cause a surge in inflation as economies start to tick up. That's why I've been and continue to be bullish on precious metals and the miners of said metals. Really, anything that is sensitive to inflation is a good place to be.
The armageddon nuts and gold bugs always think that gold is the place to be, but in this case that does not mean they are wrong.
You can blame TMFBreakerDave for me adding pitches to so many of my picks.
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It would have been nice to have picked this when it was still less than $2 but at almost $5 it's still cheap. And I think it will outperform well in the next year or so.
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jag another gold stock i am watching-as i have said before-never have been a gold freak, but in these experimental times of investing i am going watch this one. fool on
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I need some gold in my make believe portfolio. I sure can't afford any in reason life.
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5bagger LMS -133
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Rose past sell order way too fast, sucker has some muscle. Will buy more on dip. Feels like a winner.
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What can I say, I just like this sector. Boy I wish I caought this one a lot earlier, but still a good price. Should be a good ride.
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