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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: Eva who wrote (28449)4/27/2011 6:33:49 AM
From: TheSlowLane  Read Replies (2) of 48092
 
Everybody relax...I found someone with the answers to all of our problems but the bad news is that we are barking up the wrong tree. ;^)

There are a couple of scenarios where holding the physical silver might be profitable five years from now. If the US goes into default -- a very unlikely scenario, given our incredible resources -- and if when we get serious about cutting the budget with even a modicum of discipline, we will be fine. We spend like drunken sailors, and that can be fixed.

The real problem is if you can`t produce revenue, and the US has only scratched the surface of producing technological innovation, which means we have a lot of revenue generating capabilities.


seekingalpha.com

SELL! SELL! SELL!!! Sell in a wild-eyed panic!
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