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: loantech who wrote (66575)	8/6/2009 7:22:21 PM
From: Earlie	Read Replies (2) of 78417

LT: I agree.... a real mess and at exactly the wrong time. I read a different set of tea leaves but they still come up ugly. From my perspective, this market is in the "denial" stage. I'm not short (yet), as I simply think gold situations provide lower risk, but if I wasn't so gun shy about the rules being changed at the drop of a hat, I would be. Of course some of the bail-out dough is/will leak back into the stock market, so maybe the summer winds will stay warm a bit longer, but the real world anecdotal stuff tells me that things continue to come apart, especially for the average guy. IMHO, unemployment has reached "critical mass" and is starting to really dominate broad economic behaviour. Until it recedes, our "consumer-based economy" is caught in the whirlpool. Best, Earlie

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