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: Proud Deplorable who wrote (63895)	3/3/2009 8:06:47 AM
From: tyc:>	Read Replies (1) of 78419

>>"the underlying fundamentals for gold are rising, but this may turn into a panic phase" It MIGHT, but then again it might not.... The panic phase MIGHT be the rush away from gold into less sterile investments. What are those "rising fundamentals" you are counting on ? Inevitable disaster ? They say there are trillions of dollars in cash worldwide "on the sidelines". I suppose much of it is in treasury bills and money market funds and we might add Gold to those two. Surely the CASH of these safe havens is in the hands of the banking system and will be available to finance profitable ventures when the banks start lending again. Don't fight the fed. I ask what would be your attitude to GOLD then ?

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