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Gold/Mining/Energy : Andina Minerals

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From: james flannigan9/22/2008 1:40:13 PM
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With the US bailout of the banks and adding to the US total debt load another $ trillion,I think its safe to say the US dollar will drop like a stone.

This will be good for the POG and will motivate the majors to buy outs of jrs with large long life reserves such as ADM. The long term debt load of the US will put a floor under the POG,and give the majors a stable spot price and use their increasing paper to boost the reserves on the balance sheet.

The debt crisis will take years to resolve,again good for gold.

It is my view ADM will be in play sooner rather than later.

James
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