Gold stocks
Resource stocks continue to plunge. In the meantime, I have to find a lot of money to exercise my PIROA options into ordinary shares otherwise they are worth nothing after 31/12/2012. I bought them at a very low price and they have jumped to $1.40 to $1.70 recently. So it is one of my current star performers. But for long? It is in western Mali, a country on the verge of a split due to rebels and Al Qaeda intrusion.
I have sold some soon after the political trouble but it kept going up!
I still maintain this is a great time to buy gold stocks because if you look at the logic, the producers will be making a lot of profit. At the moment, investors are thinking with their sentiment rather than their logic.
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