The time to buy is when the crowd
is apprehensive, anxious, weary, doubtful...
Check this out to see just how much
sentiment influences ATV's listed price:
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Fund&symb=GDXJ&x=38&y=13&time=9&startdate=1%2F4%2F1999&enddate=8%2F29%2F2012&freq=1&compidx=aaaaa%3A0&comptemptext=au%3Aatv&comp=au%3Aatv&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=64&style=350&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=13
And then consider, what happens if the
gold price starts running, and people
suddenly begin to take an interest in the
sector again, and stumble across ATV...
only to discover it's cum production but
still priced as a specky junior explorer?!
Remember, this index comparison graph
started two years ago when ATV still had
many goals to kick. Expect ATV's correlation
with the Junior Gold Index to be broken
in ATV's favour to the upside in future..
The Fed will likely announce QE this
Friday US time. Bernanke needs Obama
re-elected in order to retain his Chairmanship.
There are very high odds of some form of
QE being announced. Don't be surprised
if it's a headline figure of a few hundred
million dollars, but open ended (never ending!)..
Let the fireworks begin!
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