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

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To: loantech who wrote (32479)2/10/2007 6:05:54 AM
From: TheBusDriver  Read Replies (2) of 78424
 
LOL! I'm telling you rational people do not make $1000/oz claims. I guess if a bunch of hedge funds got involved we could see a good spike....but you know the only thing I think that could cause $1000/oz this year? A widespread panic by the investing public into physical gold, by whatever means....now that might do the trick....otherwise you better get ready to pay up.....and stop making these foolish bets<ggg>

The flip side of this that will be a worry to me will be when the same public that now is currently the 10th biggest holder of gold in the world (and rising) decides, in mass, to exit physical gold.....I figure gold will spike down big time....

....so I guess the lesson for us all is to be ahead of the curve....watch the parking meters....don't follow leaders....ole Bob know what he was talking about....

,,,,speaking of being ahead of the curve....I need to find a good cash flow generator in the next 5 years max....right now I have have played with O&G trusts but don't think that is a LT option......

Wayne
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