<<Long-Gone: I'm already invested in 6 gold stocks, HGMCY, AEM, NEM, HM, ABX, PDG
With me it is NEM HM BGO PDG ECO, HL,CDE, a touch of FCX a small bit of AU & a whole fist full of a few jr.s... << truckload of calls on the XAU>> not me, not right now, don't feel flush enough
along with some physical.
always a bit - if only enough to buy our way safely across a border or two.
<< The danger here is that the great deflation threat already present in the economy will accelerate rapidly here and push the POG down to $190-$200. >>
Yes
<<I will double up on all my positions if that occurs. >>
I attempt to continue to average down.
<<The US stock market is a Gambling Casino that is presently unwinding.>>
The bulk, but far from the whole of the markets.
<<All talk of bottoms is BS.There is no long term bottom here. There is such immense tragedy here that I don't even want to begin elaborating on it. >>
For some issues yes, for others no. I think there will always be a need for the real solid & proven, gas oil coal,food.... Yes, there is more ugly to come & so ugly none should even attempt to discuss it. Could mortal man even do justice in finding the words to properly describe Hell?
Best of luck to us all. |