In 1 months time the USA will default on its loans if a deal is not reached in Congress. Hopefully this is the case. It will send gold prices skyrocketing, and with Apexs' production increasing, and faults slowing but surely being sorted out, ITS A DOUBLE WIN!!!!!!!!!!!!!!!
I know that wanting another world economic collapse is bad, but in the stockmarket, numero uno is oneself and as such profiteering, not illegally though (well I hope).
If all pans out as above, I reckon we should see minimum $2000 gold price by end of August, $2500-$3000 by years end, if no bailout or no reasonable market bailout is reached for the USA in the case of default. This will send share price in excess of 10 cents per share by years end.
So what do you people out there think???????
AXM Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
