Jim Cramer - Sells Your Stocks! Buy High / Sell Low?!? Has the market finally reached some stable grounds this week??

Good job Cramer! Self-touted entertainer and former *controversial* fund manager Jim Cramer recently said live on CNBC to sell all equities and keep yourself liquid.

Wasn't he also the one caught pumping Bear Sterns days before its collapse from $90 to $2??




This again re-iterates popular and mainstream media as the "what not to do" when investing.

Investments should nearly always selected with time horizon and objective in mind. For quality juniors, a $500-1,000 investment in 5-10 years can easily mean a 10x + return. I stress quality, because there are simply too many out there.

The credit market seems to be easing this week, but with company earnings yet to arrive, the pessimism may yet to have hit the mainstream.

NEW YORK (AP) -- Wall Street was mostly higher Monday as investors took signs of easing in the credit markets as evidence that government measures to revive the battered financial system are taking hold.

Investors shaken by extreme volatility over the past few weeks turned more
optimistic as bank-to-bank lending rates eased further.

This has helped to temper recession worries, but Federal Reserve
Chairman Ben Bernanke still warned that the economy is likely to be "weak for
several quarters, and with some risk of a protracted slowdown." He told Congress
in remarks before the House Budget Committee that a fresh round of government
stimulus might help ease the country's economic weakness.

"The market liked what Bernanke had to say, and there were hints that
he's leaving the door open for further moves in terms of rate cuts or economic
stimulus," said Ryan Larson, head of equity trading at Voyageur Asset
Management. "And, with credit easing in slow baby steps, the market has started
to realize that this is going to be a process."

Wall Street was also sifting through the first of hundeds of earnings
reports expected this week, seeking clues about future business conditions.
Among those reporting, oilfield services provider Haliburton Co. topped
estimates, and CEO Dave Lesar told investors and analysts in a conference call,
"We expect that any major macroeconomic disruptions will ultimately correct
themselves."

With the world spinning out of control and volatility as an all times high, do yourself a favor and take a look at gold bullion price disparities versus COMEX (Kitco prices), and add some position of quality juniors to your portfolio.



At this rate, even mining majors are dropping to junior prices.



Lundin Mining (LUN.to) is down below 20% of where they were a year ago. And this is a company that is profitable, produces gold and other base metals, and holds quality junior assets all over the world including one of the largest zinc discoveries in stable British Columbia, Canada... Canadian Zinc Metals (CZX.v).



Elsewhere in Argentina, Lundin bought out Tenke Mining who was joint with promising junior TNR Gold Corp at an equivalent of $15/share. TNR Gold remains in connection with Lundin through Lundin's Argentina miner Suramina Resources, who recently announced spectacular results at the high altitude properties... 530 metres of copper grading 0.459%.



Clearly there is huge potential for copper and gold in Argentina and there are majors all over interested. With the market at a temporary bottom (hinging on further interest rate cuts from US - and worldwide) to stimulate economy, some great bargains abound.



Minera Ande's Rob McEwan, man who brought Gold Corp to its glory days of low-cost production, is currently running US Gold, remains very bullish on longterm prospects of the precious metal and commodities market. So confident in fact, that he owns nearly 40% of Minera Andes at a likely average price of over $1.50+. Minera Andes is currently at $0.68 as I'm wrapping up today's updates.



Even the legendary Lundin Family has seen a sizable drop in their family fortune. 97% drop of the famiy heirloom. Would you think they'd sell their shares or wait it out? This is the true test of a goldbug - longterm value awaits, keep your minimum cash liquidity but long quality companies.

The Globe and Mail reports in its Friday edition that since the market's peak on June 6

Some of Canada's most famous business people have seen their shares in public-company holdings fall precipitously.

The Globe's Janet McFarland writes Vancouver's Lundin family still has $162-million of value in Lundin Mining and several other public companies. The estate of Adolf Lundin, who died in 2006, has seen its share of Lundin Mining lose 70 per cent in value since June and 97 per cent over the past year.

Lukas Lundin, chairman of Lundin Mining, said last week that he has never seen anything like the current commodities downturn. Some executives are feeling a pinch. Richard Gusella, chief executive officer of Connacher Oil and Gas, was forced to sell almost half his shares in the company because of a margin call at his brokerage firm. "Never in my wildest dreams did I expect, with the progress we've made as a company, that we'd have a market meltdown as we've seen," he said earlier this week.

Amid the gloom, some Canadians have seen their wealth climb since June. Prem Watsa, chairman and CEO of Fairfax Financial Holdings, has seen his share of Fairfax climb in value by $128-million to $605-million.

Even if you're not getting 10% dividend rates like Warren Buffet, the longterm focus is bright for quality companies with well-connected management who will, and can make deals happen.