Folks, it’s a falling knife. It is also at a target zone (250 to 260) and deeply over sold. A certain mine developer in Ghana is selling for well below net cash. Other values are all over the place. I almost hate myself for this, but I am going to do some buying with the idea of value on extreme sale.
As usual, if wrong (and aren’t we always wrong in gold bug land?) I will correct the miscalculation quickly. This is a time when true investors who know what they are buying and why are very interested. That is not me, but I want to take yet another poke here.
Wish me luck.