Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: TheSlowLane who wrote (63634)	2/22/2009 1:44:00 PM
From: Proud Deplorable	Read Replies (1) of 78408

"Puplava said that he is now 50% cash (including bonds) and that he has been selling his mining shares recently. " Not his precious metals themselves Puplava was wrong on his call for 200.00 oil. None of these guys are Gods. I admit chart wise the components of HGU (XAU) are at the top of the bands. But we are in unprecedented times and now the mainstream media is paying attention since gold hit 1,000.00 and this will bring in the other 95% of investors out there who don't own much gold related shares but will also bring in the 95% of the non investing public that doesn't own shares of any type....they will get the spreading gold fever from their friends and people they meet. Just as one could not go out of the house without hearing people talk about house prices, it is going to be that way with gold starting now. Also don't forget that gold in other currencies are a lot higher than they were some months ago, a larger percentage rise than the USD ratio due to currency declines against the USD. More than ever long gold means short the USA and that's my main reason for owning it. and I WILL be right on this.

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