Jim Letourneau's Blog

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How About Those Markets?

Almost every conversation I have with market insiders will have them throw me a phrase like  "in these tough markets" or "are these markets tough, or what?". Today I took the other side of the argument...

The Dow just hit a four year high. People who complain should stop investing in the gutter. There are too many junior companies out there. Some will come back and others won't. Pointing out the handful of drill results winners won't bring those losing companies back to life. 

I feel better already.

There are some bargains out there and precious metals are rocking and rolling so the TSX Venture casino will be gaining in popularity into the fall. Hopefully I'll be able to dust off this quote soon...

"Don't confuse brains with a bull market" - Humphrey B. Neil