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

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To: loantech who wrote (65716)6/15/2009 8:21:38 PM
From: Zincman1 Recommendation  Read Replies (2) of 78408
 
Congrats...
I think gold will be "A" place to play, but def not "the" place.

Da Chief has been dead on calling this bottom and move up.. He still is calling a new mother bull here... So, I am sticking with him. He's old and wealthy... good nuff for me.. lol

I am no making the mistake again being in all gold... I think copper, oil and other 'stuff' will hold value in a declining dollar world. But there are no guarantees the dollar will go by the way of the buggy whip in the mid-term.

The way I see it.. If the world does fall apart for a few years, as so many gold bulls are still suggesting, having gold and gold stocks might not be any safer than holding anything else. One stroke of the pen by govt and your nest egg is someone else's omelet.

I guess it comes down to the simple glass again.. half full or empty... ya gotta make that call first... and go from there.

Personally, I am long AA, EQN, GLD, MSFT, YUM, PBR, and some jr golds... Hedged w/ plays like SRS, HOD and SMN as needed... Play don't stay and cash is a position too.

ZM
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