In ancient Greece, farmers would plant crops based on prophecies from an oracle. Today investors look to spreadsheets and minute by minute charts to try to predict the future. Trying to be a prophet is an unprofitable occupation. The secret to wealth is buying wholesale, waiting and hopefully selling it retail. We all love sales and discounts when prices drop for fast food, clothing or cars. However, when it comes to mining stocks investors look for momentum and major price rises continuing to bid up the price to overbought levels. Instead, they should look for quality assets on sale in mining friendly jurisdictions.
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Gold Explorers In Right Location Will Survive
