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: marcos who wrote (51188)	10/24/2007 6:52:42 PM
From: tyc:>	Read Replies (3) of 78419

>>- to produce ...in a country whose fiat is deteriorating gives you the wind at your back >> one of these days i'm going short the loonie and long usd to the max They're all deteriorating, Marcos.. And we know it, hence our interest in stocks. I was at the Toronto Resources convention. All the guru's agreed that fiat is doomed, and yet to a man they said, "stay out of debt". Indeed most of them emphasized the importance of having a good portion of your stash in cash ! How illogical ! What they should be saying is, consider going short your currency and going long... not another currency but the stock (or hard asset) of your choice. That means buying stocks (or gold) on margin. I'm chicken like everyone else. But one of these days.... (could it be that the guru's know that gold might not provide the liquidity you need ?)

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