Be a Contrarian and Buy Now
By Dudley Pierce Baker
Junior Mining Resources
For those investors in the resource sector it seems all of the news is negative. Gold is hanging on the edge but has not broken major support around $1,535. Resource shares are virtually at their lowest levels in many years and are greatly oversold and long overdue for a recovery rally.
What am I personally doing?
I cannot tell you that gold and the resource shares will not continue lower, but I have been selectively buying and upgrading the quality of my personal portfolio. I am bullish long term for the resource shares and this is the opportune time for investors to get involved or add to their holdings.
Buy quality shares and be patient as our time will come for big gains, monster gains, outrageous gains over the next few years.